MVALaw Blogs

Archives for DOJ

U.S. Authorities’ Campaign Against Spoofing and Related Market Manipulation Enters a Potentially New Phase with Recent Criminal and Civil Enforcement Actions

On September 16, 2019, the Department of Justice and the CFTC jointly announced the indictment of three precious metal traders for an alleged eight year conspiracy to manipulate gold, silver, platinum, and palladium futures prices and civil charges based upon…

  • Comments Off on U.S. Authorities’ Campaign Against Spoofing and Related Market Manipulation Enters a Potentially New Phase with Recent Criminal and Civil Enforcement Actions
  • Email to friend
  • Blog it
  • Stay updated

WCIRA News Clips: New Federal Reserve Rating System; U.S. Sues UBS Over Residential Mortgage-Backed Securities; Traders Charged With Spoofing & More

As government authorities around the world create a constantly evolving regulatory environment, conduct overlapping investigations, and bring parallel proceedings, companies are facing perhaps the most challenging regulatory and criminal enforcement environment. Our goal is to serve as a leading-edge resource…

  • Comments Off on WCIRA News Clips: New Federal Reserve Rating System; U.S. Sues UBS Over Residential Mortgage-Backed Securities; Traders Charged With Spoofing & More
  • Email to friend
  • Blog it
  • Stay updated

TRUMP SUPREME COURT PICK, BRETT KAVANAUGH, COULD PLAY ROLE IN RESHAPING MAJOR SECURITIES FRAUD ENFORCEMENT TOOL

By Mark Nebrig and Fielding Huseth.  No one doubts that Judge Brett Kavanaugh, President Trump’s pick for the Supreme Court, would have an impact on the court’s jurisprudence if confirmed.  For financial services and publicly-traded companies, as well as those that support them, one area that should not be overlooked is his potential influence on securities fraud … Continue reading

Will Congress Clarify Regulation of Marijuana-Related Business?

By John Han and Katherine Lamberth. President Trump piqued the interest of participants in and observers of the marijuana industry when he stated in early June that he would “probably” support recently proposed bipartisan legislation aimed at removing the federal prohibition on certain marijuana-related activity. President Trump’s statement is significant because it: indicates presidential support … Continue reading

Task Force on Market Integrity and Consumer Fraud

On July 11, 2018, pursuant to a Presidential Executive Order, the Department of Justice announced the formation of a new multi-agency task force on Market Integrity and Consumer Fraud that will focus on combating consumer and market fraud.  Deputy Attorney General Rod Rosenstein, who will chair the new task force, unveiled plans for the initiative … Continue reading

Is the Trump Administration Charting a New Course Away from the Duplicative Fines of the Financial Crisis?

By Neil Bloomfield and Kristen Kenley  Double jeopardy prevents criminal defendants from being convicted of the same crime twice.  Res judicata prevents civil litigants from facing repeated claims by an overly aggressive plaintiff. Unfortunately, in the years after the financial crisis financial institutions were essentially unprotected from receiving multi-million dollar demands by multiple regulators for the … Continue reading