JPMorgan Fined $348 Million for Lapses in Trade Monitoring
Posted inBanking and Financial Institutions Commodity Futures Trading Commission Fines (Penalties) Insider Trading JPMorgan Chase & Company Office of the Comptroller of the Currency Regulation and Deregulation of Industry Securities and Commodities Violations

JPMorgan Fined $348 Million for Lapses in Trade Monitoring

Regulators, which rely on the bank for information that helps prevent insider trading and market manipulation, said customer data from around 30 platforms was missing.
Crypto’s Wild D.C. Ride: From FTX at the Fed to a Scramble for Access
Posted inBankman-Fried, Sam Brainard, Lael Coinbase Inc Commodity Futures Trading Commission Federal Reserve System HK FTX Trading Ltd (Futures Exchange) Lobbying and Lobbyists Powell, Jerome H Regulation and Deregulation of Industry Virtual Currency Wetjen, Mark P

Crypto’s Wild D.C. Ride: From FTX at the Fed to a Scramble for Access

FTX’s demise and its leader’s upcoming trial haven’t stopped a major lobbying push by the industry this week, but the events have changed its tone.
Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps
Posted inBanking and Financial Institutions Commodity Futures Trading Commission Fines (Penalties) Instant Messaging Regulation and Deregulation of Industry Securities and Commodities Violations Securities and Exchange Commission Wells Fargo & Company WhatsApp Inc

Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps

The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.
Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges
Posted inCelsius Network LLC Commodity Futures Trading Commission Federal Trade Commission Regulation and Deregulation of Industry Securities and Commodities Violations Securities and Exchange Commission Suits and Litigation (Civil) Virtual Currency

Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges

Alex Mashinsky was arrested at his home in New York on Thursday morning. He and his former firm also face lawsuits from the Securities and Exchange Commission and other regulators.