On October 1, 2026, the Department of Justice issued a follow-on directive sharpening and formalizing how trade and customs fraud will be investigated and prosecuted going forward, particularly where corporations are involved—building on an August 2026 memo and rule that
On September 24, 2026, the Federal Reserve Board requested public comment on two proposed rules implementing the Fed’s responsibilities under the GENIUS Act, establishing a regulatory framework for Board-supervised payment stablecoin issuers. The GENIUS Act, enacted in July 2025, established
Three developments since October 1 extend the buildout of DOJ’s fraud enforcement infrastructure that we covered in our prior post on the Fraud Division’s Priorities Memo and Strike Force expansion. First, Assistant Attorney General Colin M. McDonald of the National
Missouri Attorney General Catherine Hanaway’s office has issued cease-and-desist letters to six online prediction market operators offering sports-related “event contracts,” joining a growing list of states pursuing similar enforcement actions.
On September 30, 2026, the United States Court of Appeals for the Third Circuit revived a putative securities fraud class action against Ocugen, Inc., a small, publicly traded pharmaceutical company, holding that a stock’s rapid price recovery after a corrective
On September 30, 2026, the University of Missouri-Kansas City School of Law hosted the inaugural Heartland Government Enforcement & Investigations Conference. The day-long program brought together federal prosecutors, judges, state regulators, in-house counsel, and private practitioners across seven substantive sessions
Federal prosecutors in the Southern District of New York have filed criminal complaints against two former Robinhood Markets, Inc. engineers, alleging they used confidential information about upcoming cryptocurrency listings on Robinhood Crypto to trade profitably on Hyperliquid, an offshore decentralized
On September 11, 2026, the Commodity Futures Trading Commission (CFTC or Commission) approved a final rule adding a new Rule 165.9(d) to the Commission’s whistleblower regulations, creating what the agency calls the “30 Percent Presumption.” Under the presumption, when a
On September 22, 2026, the Commodity Futures Trading Commission’s Division of Market Oversight (DMO) issued CFTC Staff Advisory No. 26-27, providing the agency’s most detailed guidance to date on a fast-growing category of prediction market products known as “mention
We just released Episode 48 of the False Claims Act Insights podcast where Drew Canning and I discuss what boards can do to avoid False Claims Act problems years in advance through good governance.
While most FCA episodes focus on
