Regulation & Compliance

Kenneth Welsh pleaded to five wire fraud counts that carry a maximum penalty of 20 years in prison each.

Kaival Patel was previously convicted of charges stemming from a plan to collect commissions on falsely prescribed compound medications, according to the Justice Department.

Clayton has no experience as a federal prosecutor. Since leaving government at the end of Trump’s first administration, he has served as Apollo Global Management Inc.’s independent chair and returned to New York-based law firm Sullivan & Cromwell...

According to the commission, Invesco overstated how much of its AUM was ESG-integrated because that percentage included all ETFs.

Whether Kamala Harris or Donald Trump becomes President in January, their nominees for regulatory positions at the Labor Department and Securities and Exchange Commission will depend on electoral results for the Senate.

The commission settled charges that Wahed Invest violated the ad rule when including a pro soccer player and MMA athletes in marketing without clarifying that they weren’t clients and were compensated.

Cinda Collins alleged her former employer discriminated against her by terminating her after 30+ years because she was nearing retirement.