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  SEC Targets Greenwashers to Bring Law and Order to ESG   BLOOMBERG Since late February, the U.S. Securities and Exchange Commission has issued at least five public statements spelling out the wide variety of climate-related risks facing businesses and investors. It’s also warned the money-management industry about mislabeling ESG funds as being green when they really aren’t at all. read more »

SEC Charges Binary Options Trading Platform and Two Top Executives with Fraud SEC

SEC Awards Over $50 Million to Joint Whistleblowers SEC

Alphabet shareholder pushes Google for better whistleblower protections THE VERGE

SEC Awards Approximately $2.5 Million to Whistleblower SEC

Jane Norberg, Chief of the SEC's Office of the Whistleblower, to Leave Agency SEC

South Carolina’s Largest Urgent Care Provider and its Management Company to Pay $22.5 Million to Settle False Claims Act Allegations DOJ

New CFTC Customer Advisory Cautions the Public to Beware of Trading Based on Internet Hype CFTC

9th Circuit reopens False Claims Act lawsuit over Medtronic spine-surgery device REUTERS

He Built a $10 Billion Investment Firm. It Fell Apart in Days NEW YORK TIMES Until recently, Bill Hwang sat atop one of the biggest — and perhaps least known — fortunes on Wall Street. Then his luck ran out. read more » SEC Promotes Investor Awareness During National Financial Capability Month SEC

IRS Is Catching Crypto Tax Cheats Via John Doe Summons FORBES The IRS is actively hunting for crypto tax cheats by demanding cryptocurrency exchanges release user information through “John Doe” summons. Once John Doe summons are issued, exchanges are legally required to release requested user information to the IRS. On March 30, 2021 a John Doe summons was issued to Kraken. On April 1, 2021, another John Doe summons was issued to Circle (owner of the cryptocurrency exchange Poloniex). read more »

6th Circuit finds whistleblower law shields ex-employees from retaliation REUTERS

Financial Crime Reporting Rules Extended To Cryptoasset Firms FORBES The UK’s financial regulator, the Financial Conduct Authority (FCA), has announced a shake-up of its anti-money laundering activities which will see firms dealing in cryptoassets obliged to file annual reports on their trading activities. read more »

EY drops appeal against $10.8m whistleblower payment BBC Global accounting and consultancy firm EY has dropped its appeal against a judge's decision ordering it to pay $10.8m to a whistleblower who flagged money laundering concerns. read more » In Goldman securities case, U.S. Supreme Court wrestles over investor class actions REUTERS

CFTC Charges Former Fuel Oil Trader with Manipulating Fuel Oil Benchmark CFTC

U.S. regulator opens inquiry into Wall Street's blank check IPO frenzy REUTERS The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter. read more » 'Your identity is safe with us', UK finance watchdog tells whistleblowers REUTERS

U.S. SEC begins roll-out of law aimed at delisting Chinese firms REUTERS The top U.S. securities regulator on Wednesday said it has adopted a measure that would kick foreign companies off U.S. stock exchanges if they do not comply with U.S. auditing standards. read more » Three Indicted in Bribery Scheme Related to U.S. Military Contracts in Alaska DOJ

McKinsey settles with holdout Nevada for $45 million over role in opioid crisis REUTERS McKinsey & Co will pay $45 million to settle an investigation by Nevada of the big consulting firm’s role in fueling the U.S. opioid epidemic. read more » Texas Doctor Accused of False Claims Act Violations DOJ

CFTC Orders Coinbase Inc. to Pay $6.5 Million for False, Misleading, or Inaccurate Reporting and Wash Trading CFTC

U.S. Justice Department probing Visa over debit-card practices REUTERS The U.S. Department of Justice is investigating whether Visa Inc is engaging in anticompetitive practices in the debit-card market, the Wall Street Journal reported on Friday, citing people familiar with the matter. read more » uBiome Co-Founders Charged With Federal Securities, Health Care Fraud Conspiracies DOJ