Coinbase faces SEC enforcement action over staking services

“Coinbase runs a rigorous asset review process and has rejected more than 90% of assets that have applied to be listed on the platform,” CEO Brian Armstrong tweeted Wednesday.

By Gabrielle Saulsbery • March 24, 2023

SEC proposes cybersecurity disclosure rules for financial industry specialists

The changes would require broker-dealers and other entities to adopt written plans to minimize risk and promptly disclose major incidents.

By David Jones • March 17, 2023

Preparing for DOJ’s compensation pilot without going out on a limb

Companies can show the agency they’re prepared to tie compensation to compliance while leaving the toughest details to when it’s involved in an enforcement action.

By Robert Freedman • March 17, 2023

Was SVB CEO Becker’s $3.6M stock trade made in good faith?

The SEC’s 10b5-1 rules just changed, but even under the earlier version, the trading plans can’t be entered into while the insider possesses material nonpublic information.

By Robert Freedman • March 14, 2023

JetBlue ‘inconsistent’ in Spirit merger plan, analyst says

The Department of Justice has a legitimate case in this week’s antitrust lawsuit against the effort to build the country’s fifth largest airline, former antitrust official says.

By Robert Freedman • March 7, 2023

Police your use of messaging apps, DOJ’s Polite warns

Your compliance program won’t pass muster if it doesn’t take employee use of self-deleting apps seriously, the Department of Justice says.

By Robert Freedman • March 6, 2023

Compensation, clawbacks get DOJ enforcement focus

Companies can get penalties reduced if they align executive pay with compliance performance and also recoup wrongdoing employees’ ill-gotten gains.

By Robert Freedman • March 3, 2023

Healthcare company leader abused 10b5-1 trading plan, SEC says

The chair and CEO of wellness company Ontrak set up and sold shares under two trading plans while knowing bad news was brewing, the SEC charges.

By Robert Freedman • March 2, 2023

Biden to appoint Julie Su as Labor Secretary

Su is known for cracking down on wage theft, and has long settled disputes between employers and unions.

By Caroline Colvin • Feb. 28, 2023

DOJ accuses Google of deliberate spoliation by using auto-delete chats

Despite saying it had suspended auto-deletion as part of its legal hold policy, the company’s employees kept the chat history function turned off when communicating, the federal government says.

By Robert Freedman • Feb. 24, 2023

Wells Fargo warns it may be on the hook in WhatsApp probe

HSBC and SocGen this month also flagged investigations into improper record-keeping, suggesting a new wave of SEC and CFTC penalties may be in the works.

By Dan Ennis • Feb. 24, 2023

How in-house counsel can navigate pay disclosure laws

Employers can consider a series of proactive steps to minimize exposure, writes LexisNexis' Elias Kahn.

By Elias J. Kahn • Feb. 15, 2023

Cyber disclosures won’t save directors under Caremark

Boards will be tempted to equate compliance with upcoming SEC cybersecurity rules to meeting a duty of oversight standard. They shouldn’t, attorneys say.

By Robert Freedman • Feb. 9, 2023

GoodRx takes issue with FTC approach but settles first breach-rule charge

The telemedicine company says the kind of practice that’s being targeted is commonly used by companies and even government agencies.

By Robert Freedman • Feb. 2, 2023

State, local laws to drive employer compliance trends in 2023

Pay transparency, employee privacy and paid leave laws are on the minds of employers this year, attorneys say.

By Katie Clarey • Feb. 2, 2023

Companies face data privacy maze, skills gap

Executives could be under increased pressure this year to focus on privacy, as new state laws come into effect.

By Alexei Alexis • Jan. 31, 2023

New GC in crypto space says compliance is top priority

The digital asset banking platform Dinara is hoping its compliance foundation serves as a key differentiator in the embattled cryptocurrency industry, Yanire Martes says.

By Lyle Moran • Jan. 27, 2023

Protecting privilege when conducting a pay audit

As companies analyze the compensation they offer employees and applicants in response to pay transparency laws, it’s important to make it a legal, rather than a business, review.

By Lisa Burden • Jan. 13, 2023

How to use software to strengthen data privacy compliance

Exterro says its Smart Data Inventory solution helps companies keep up with evolving laws, including by indicating when privacy impact assessments are required.

By Lyle Moran • Jan. 10, 2023

6 in-house legal trends to watch in 2023

Legal chiefs will be expected to do more with less even while operational costs rise and compliance risks grow.

By Robert Freedman and Lyle Moran • Jan. 6, 2023

Non-competes would be illegal under FTC’s proposed rule

If finalized as written, both new and existing non-competes, along with some non-disclosure agreements, would be banned as unfair practices that harm competition. 

By Robert Freedman • Jan. 5, 2023

New FTX CEO blasts ‘complete failure of corporate controls’ under Bankman-Fried

CEO John Ray didn’t mince words in discussing mismanagement of the crypto exchange by its founder and others.

By Gabrielle Saulsbery • Nov. 17, 2022

Salary transparency laws drive employers to address pay parity

Equity goals seemingly have new urgency in the age of compensation disclosures.

By Ginger Christ • Nov. 10, 2022

ESG backlash unlikely to derail SEC climate risk rule

SEC Chair Gary Gensler faces growing resistance to the agency’s proposal that companies provide detailed disclosures on carbon emissions.

By Jim Tyson • Oct. 17, 2022

Moving past confusion to ensure corporate compliance with privacy restrictions

There are steps companies can take now, merger and non-merger related, to address data privacy issues.

By Joey Seeber • Oct. 11, 2022