FBI Cyber Division Warns of Targeting Audio and Visual Communication Devices on Business Networks

FBI Cyber Division Warns of Targeting Audio and Visual Communication Devices on Business Networks

Private Industry Notification (PIN) 20190102-001 was being distributed to make private sector partners aware of the exploitation of audio visual communication devices on networks to identify vulnerabilities which could later be used to gain access and unlawfully acquire information about the organization. The alert was released as TLP: Green and the details, including useful information

CFTC Fails to Prove Market Manipluation in CFTC v. DRW Investments, LLC

CFTC Fails to Prove Market Manipluation in CFTC v. DRW Investments, LLC

In a recent decision, a Southern District of New York court found the Commodity Futures Trading Commission (“CFTC”) failed to prove DRW Investments, LLC (“DRW”) manipulated the price of an exchange-traded interest rate swap futures contract known as the IDEX USD Three-Month Interest Rate Swap Futures Contract. The CFTC alleged that DRW placed bids during

Morgan Stanley Fined $10 Million by FINRA for AML Violations

Morgan Stanley Fined $10 Million by FINRA for AML Violations

FINRA fined Morgan Stanly $10 million after finding it failed to properly supervise an anti-money laundering (“AML”) program over five years because of three major issues: First, Morgan Stanley’s automated AML surveillance system failed to receive data from several systems. Second, it failed to devote sufficient resources to review alerts generated by its automated AML surveillance

CFTC Gets Default in $11 Million CPO Fraud Case

CFTC Gets Default in $11 Million CPO Fraud Case

The Commodity Futures Trading Commission (CFTC) recently announced an Order of default judgment and permanent injunction has been issued against defendants Capital Growth Group Associates and Cobra Development Group in connection with two separate fraudulent commodity pool trading schemes.  The default was granted in the U.S. District Court for the Central District of California, and

Braden Perry Featured in Finance Magnates Crypto Year in Review

Braden Perry Featured in Finance Magnates Crypto Year in Review

Braden Perry, a regulatory and enforcement attorney that works in areas of novel and emerging technology with a financial focus, was featured in Finance Magnates year-end review on the regulatory inaction in cryptocurrency. “The major takeaway is the regulatory treatment is (still) unclear for cryptocurrency,” he told Finance Magnates. “It seems as if every federal

‘Tis the Season for Plagiarism Cases

‘Tis the Season for Plagiarism Cases

‘Tis the season when students return to their classrooms, write their final papers and cram for exams. Students also face the additional worry of conforming to the rules and ethics of “academic honesty” and avoiding plagiarism. Plagiarism can result in punishment – including expulsion – for students, grad students, or faculty members. If you are

Medical Marijuana Approved in Missouri

Medical Marijuana Approved in Missouri

On November 6, 2018, the citizens of Missouri approved Amendment 2, legalizing medical marijuana. Missourians who wish to open medical marijuana dispensary facilities, cultivation facilities, testing facilities, marijuana-infused product manufacturing facilities, or those who wish to apply for an ID card allowing medical marijuana use, may apply to begin on (or before) July 4, 2019.