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  • Solidus Labs Appoints Former CFPB Director Kathy Kraninger To Lead Regulatory Affairs

    Date 22/07/2021

    Today, Solidus Labs is delighted to welcome Kathy Kraninger, former Director of the Consumer Financial Protection Bureau (CFPB) as Solidus Labs' new Vice President of Regulatory Affairs. Kathy, who served as CFPB Director from 2018 to 2021, will lead Solidus' regulatory strategy, as it continue to pursue its vision: Enabling safe crypto markets and transforming financial risk monitoring.

  • YJ Fischer To Join SEC As Director Of The Office Of International Affairs

    Date 22/07/2021

    The Securities and Exchange Commission today announced the appointment of YJ Fischer as Director of the Office of International Affairs (OIA), effective Aug. 2. Ms. Fischer previously served in various roles at the U.S. State Department during the Obama Administration, including as assistant coordinator for implementation of the Iran nuclear agreement.

  • Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With The Heads And Private-Sector Leads Of The Multilateral Development Banks To Discuss Climate Finance

    Date 22/07/2021

    Today, Secretary of the Treasury Janet L. Yellen convened the heads and private-sector leads of several of the multilateral development banks (MDBs) to discuss ways that the MDBs can rapidly align their portfolios with the goals of the Paris Agreement and redouble their efforts to mobilize significantly more private capital for climate. Participants included U.S. Special Presidential Envoy for Climate John Kerry and representatives from the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank Group, and the World Bank Group.   

  • SEC Halts Alleged Ongoing Offering Fraud Involving Cycling Companies

    Date 22/07/2021

    The Securities and Exchange Commission today announced an emergency action including a temporary restraining order and asset freeze to stop an alleged fraudulent offering of securities and misappropriation of investor assets by Outdoor Capital Partners LLC and its director Samuel J. Mancini of Denver, Colorado.  The SEC alleges that the defendants made false statements in raising millions of dollars for an investment fund ostensibly to purchase controlling interests in three Italian cycling companies, but never made the acquisitions and instead fraudulently diverted money raised.

  • U.S. Court Of Appeals Rules In Favor Of CFTC In Fraud Case Against Monex Deposit Company And Its Principals - Ruling Marks CFTC’s Second Win In The Ninth Circuit

    Date 22/07/2021

    The Commodity Futures Trading Commission today announced that the U.S. Court of Appeals for the Ninth Circuit affirmed a preliminary injunction in the CFTC’s anti-fraud enforcement action against Monex Deposit Company (Monex) and its affiliated companies and principals on July 20. The court’s ruling marks the second time the CFTC has prevailed in the Ninth Circuit in the Monex case.