37+ min ago  (394+ words) The fixed-income giant will pay a nine-figure penalty after the SEC found it failed to stop a former executive from steering winning trades to favored portfolios. The SEC's case centers on what regulators describe as a multi-year cherry-picking scheme. Leech…...

1+ hour, 48+ min ago  (292+ words) The Franklin Templeton subsidiary will pay a nine-figure penalty after failing to stop its former co-CIO's cherry-picking scheme that ran for nearly three years. Western Asset Management Company just got hit with one of the more expensive compliance failures in…...

13+ hour, 9+ min ago  (194+ words) Authorities are going after individual bettors who wagered over $52 million on election markets, marking the country's first enforcement action targeting prediction market users. The investigation centers on South Korean users who placed bets on markets tied to the country's local…...

1+ day, 5+ hour ago  (434+ words) A unanimous 9-0 decision in Sripetch v. SEC removes a key hurdle for the agency's enforcement actions, with major implications for crypto and securities markets. The Supreme Court just handed the SEC one of its most powerful enforcement wins in years. In…...

1+ day, 9+ hour ago  (346+ words) Federal prosecutors say the California tech CEO moved over 250 metric tons of networking and encryption gear to sanctioned Iranian entities, laundering millions through US accounts. The Department of Justice alleges Ghomi moved over 250 metric tons of US-origin networking, security, and…...

1+ day, 10+ hour ago  (343+ words) The 9-0 decision in Sripetch v. SEC removes a key hurdle for the agency's enforcement actions, with potential ripple effects across the crypto industry. The US Supreme Court just handed the SEC its clearest win in years. In a unanimous decision issued…...

2+ day, 2+ min ago  (294+ words) The 17-year-old researcher traced $350 billion in illicit crypto flows and called Moscow's retaliation 'a badge of honour.' Browder's response was, to put it mildly, unbothered. "This is a badge of honour. I have exposed their Achilles' heel." The teenager may…...

2+ day, 25+ min ago  (386+ words) The acting AG who dismantled the DOJ's crypto enforcement team is now Trump's pick to lead the department permanently. President Donald Trump announced his intention to nominate Todd Blanche as the permanent Attorney General of the United States, subject to…...

2+ day, 4+ hour ago  (295+ words) Jess Asato's lawsuit against Elon Musk's AI company could set a major legal precedent for holding AI developers accountable for harmful generated content. A British Member of Parliament is taking Elon Musk's x AI to court after its Grok chatbot…...

2+ day, 12+ hour ago  (391+ words) The Citron Research founder was convicted on 13 counts after a three-week trial, setting a precedent that could chill public short-selling commentary across financial markets. Andrew Left, the outspoken founder of Citron Research and one of the most recognizable activist short…...