Law Enforcement Losing War on White Collar Crime
Governments are losing the war on economic crime and considering new approaches, including involving the private sector to a greater degree.
Read more...Category Archives: Regulations and regulators
Deutsche Bank and a $10Bn Money Laundering Nightmare: More Context Than You Can Shake a Stick at
Deutsche Bank’s $10Bn: the shell company back story
Read more...9th Circuit Shoots Down FTC’s Consumer Protection Authority Over Common Carriers
A federal appeals court recently decided that the FTC lacks consumer protection authority to regulate common carriers in any respect. This decision hamstrings the agency from regulating ATT, Google, Verizon and potentially applies to a wider range of companies, unless the decision is reversed on appeal or Congress chooses to act.
Read more...BLM Moves Onshore Oil and Gas Lease Auctions Online To Stymie ‘Keep It In The Ground’ Protests
Jerri-Lynn here. This short post highlights an important problem that we’ve seen arise over and over again with the administration which pledged to be the most transparent ever: the disconnect between public rhetoric and behind-the-scenes practice. The U.S. Department of the Interior’s Bureau of Land Management (BLM) presides over the allocation of oil and gas […]
Read more...Liberty Reserve, Bitcoin, and the US Bank Regulatory Dog That Didn’t Bark
How a toothless US watchdog, FinCEN, has largely ignored money laundering via Bitcoin and other digital currencies.
Read more...SEC Takes Victory Lap for Pathetic Performance of Whistleblower Program
The SEC has taken a premature victory lap on the pathetic performance of its whistleblower program, with messaging trumping performance.
Read more...Business Groups Aim to Strong-Arm CFPB on Arbitration
Business groups seek to thwart proposed CFPB regulations to limit forced arbitration clauses and allow consumers to bring class actions.
Read more...Is Toothpaste Dangerous to Your Health?
The US relies on industry self-regulation of personal care products, thus exposing consumers to harms, in contrast to Canada, Europe, and Japan.
Read more...How Veterans are Victims of Big Pharma
Yves here. While this post makes an important point about the degree to which veterans are targets for opioid marketing, as well as the creation of a large and multiheaded “pain lobby” to promote the idea that pain was undertreated (which may have been true, but not to the degree suggested). However, the article also […]
Read more...Even Matt Levine Feels Compelled to Say Sorta Bad Things About Apollo’s Conduct in $52.8 Million SEC Settlement
Apollo gets nicked by the SEC, but par for the course, not all that badly.
Read more...CalPERS Board, General Counsel Illegally Silence Naked Capitalism Even as We Try to Help
CalPERS’ general counsel lied obviously and casually to the board, a sign of a deeply diseased institutional culture.
Read more...Bill Black: Why Whistleblowers’ Disclosures Need Protection Under the Law
Big companies work hard at silencing whistleblowers. Here are some ways to keep them from shutting whistleblowers down.
Read more...Eurozone Stability Under Threat of a ‘Bad Shock’
Remarkably, an increasing number of economists believe the Eurozone has addressed its weaknesses. Shades of the Great Moderation, circa 2006.
Read more...SEC Shamed: Whistleblower Refuses Multimillion Dollar Award Due to Ex-Deutsche Bank Attorneys at SEC Protecting Deutsche Execs (and Themselves)
Deutsche Bank whistleblower Eric Ben-Artzi makes a huge financial sacrifice to call out corruption in SEC enforcement.
Read more...Brexit Delusion Rises Even Further: City Pumping for Presumptuous, Nightmarish-to-Negotiate “Swiss Plus” Plan
The Brexit fantasies get even bigger as the City pumps for a na ga happen “Swiss plus” plan.
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