SEC Chair Gary Gensler says tougher rules for hot, buzzy SPACs are coming soon

NPR

Gary Gensler, the country's top securities regulator, said he's aiming to announce tougher rules for SPACs by early next year, as he warned about the potential dangers of the hot investment craze sweeping through Wall Street. read more »

Greensburg Doctor Sentenced to Nearly Five Years in Prison for Accepting Kickbacks in Exchange for Prescribing Fentanyl

DOJ

A resident of Westmoreland County, PA, was sentenced in federal court following his convictions for conspiracy to violate the Anti-Kickback Statute, health care fraud, and conspiracy to distribute Schedule IV controlled substances, United States Attorney Cindy K. Chung announced today. read more »

Pathology Practice Agrees to Pay $2.4 Million to Resolve False Claims Act Allegations

DOJ

A New Jersey pathology practice will pay $2.4 million to resolve allegations that it violated the False Claims Act by making false representations in connection with submissions to the Centers for Medicare & Medicaid Services (CMS), Acting U.S. Attorney Rachael A. Honig announced today. read more »

U.S. Treasury eyes new rule to expand company reporting, weed out corruption

REUTERS<

The U.S. Treasury Department’s crime fighting arm on Tuesday moved to expand reporting requirements for certain domestic and foreign companies as part of a broader push to crack down on corruption and shell companies. read more »