MVA White Collar Defense, Investigations, and Regulatory Advice Blog

Moore & Van Allen is pleased to be a Gold sponsor at the 2019 SIFMA C&L Annual Seminar. Charlotte Litigation Members Edward O'Keefe and Valecia M. McDowell have been invited to serve as panelists for this year’s seminar. O’Keefe will contribute to the Tuesday, March 26, 2019 afternoon panel entitled “Intersection of Banking and Wealth Management” and McDowell will join the discussion for the Wednesday, March 27, 2019 morning panel entitled “What is Conduct Risk Data and How do you use it?” 

SIFMA’s C&L Annual Seminar is the premier event for compliance and legal ...

Charlotte Associate Brian Soja, a member of MVA’s Financial Regulatory Advice and Response and White Collar, Regulatory Defense, and Investigations practice groups, served as a panelist at Mecklenburg County Bar’s 18^th Banking and Finance Forum on November 9.  Soja participated in the Forum’s Regulatory Highlights panel along with Phil Wertz of Bank of America, John Stoker of Wells Fargo, Grant Harbrecht of Fifth Third, and Scott Cammarn of Cadwalader Wickersham & Taft.  During the panel, which focused on significant regulatory developments over the past year, Soja ...

2018 ANNUAL CONFERENCE (Nov. 2018): We are proud to once again be a sponsoring partner for The Clearing House + Bank Policy Institute Annual Conference, which will take place in New York on November 26–28, 2018.  The Annual Conference provides a forum for the industry’s leaders to examine the changing dynamics of the bank regulatory and payments landscape.  Keynote speakers for this year’s conference include Jelena McWilliams, Chair of the FDIC, Antony Phillipson, British Consul General in New York and HM Trade Commissioner for North America, Richard Clarida, Vice Chairman of ...

By: Edward P. O’Keefe, Neil T. Bloomfield, and Elena F. Mitchell. Elections have consequences and the recent midterm elections are no exception.  Having won the House majority, Democrats are expected to proceed with an ambitious agenda in January 2019.  Much of the focus has been on how the Democrats will use their control to scrutinize the Trump Administration, but lessons from the last time the Democrats controlled the House suggest there are also likely to be significant implications for the financial services industry in terms of proposed legislation and investigations.

As cybersecurity attacks have continued to gain prominence as a threat posing critical risk management and compliance challenges for financial institutions, the Securities and Exchange Commission (SEC) has emerged as an active federal regulator in this arena. In September 2017, the SEC announced creation of a Cyber Unit housed within the SEC’s Enforcement Division that targets cyber-related misconduct, including hacking to obtain material nonpublic information, intrusions into retail brokerage accounts, and cyber-related threats to trading platforms and other ...

As government authorities around the world create a constantly evolving regulatory environment, conduct overlapping investigations, and bring parallel proceedings, companies are facing perhaps the most challenging regulatory and criminal enforcement environment. Our goal is to serve as a leading-edge resource for companies navigating these waters. Moore & Van Allen’s WCIRA News Clips is a complement to our White Collar Defense, Investigations, and Regulatory Advice Blog’s in-depth individual treatment of critical emerging issues. WCIRA News Clips hits the ...

Charlotte Litigation Members Neil Bloomfield and Ed O’Keefe will be serving as panelists at the upcoming SIFMA Compliance and Legal Society's Charlotte Regional Seminar on Monday, September 24, 2018. This one day seminar feature presentations by leading securities regulators and industry professionals.  Bloomfield will be speaking on the Privacy and Cybersecurity Issues panel alongside Keith Agisim (Moderator, Bank of America), Michael Adams (McGuireWoods), James Powell (LPL Financial LLC), and John Reed Stark (John Reed Stark Consulting, LLC).  O’Keefe ...

Members of MVA’s Privacy and Data Security team, Charlotte Member Neil Bloomfield, Charlotte Counsel Tandy Mathis and Charlotte Associate Nathan White were speakers for the latest Privacy and Data Security Seminar that was held on August 22, 2018. This seminar discussed the data management challenges in today’s government investigations. This is an area undergoing significant changes in light of GDPR, the CLOUD Act and the impending suspension of the Privacy Shield. This CLE focused on both the legal restrictions and practical challenges confronting U.S. counsel when ...

By Mark Nebrig and Fielding Huseth.  No one doubts that Judge Brett Kavanaugh, President Trump’s pick for the Supreme Court, would have an impact on the court’s jurisprudence if confirmed.  For financial services and publicly-traded companies, as well as those that support them, one area that should not be overlooked is his potential influence on securities fraud prosecutions.  If Judge Kavanaugh joins the Court and brings along his current interpretation of the securities laws, the Supreme Court may soon reshape a major securities fraud enforcement tool.

This fall, the ...

By John Han and Katherine Lamberth. President Trump piqued the interest of participants in and observers of the marijuana industry when he stated in early June that he would “probably” support recently proposed bipartisan legislation aimed at removing the federal prohibition on certain marijuana-related activity. President Trump’s statement is significant because it:

• indicates presidential support for the bill, which other legislative attempts at reforming federal marijuana laws have generally lacked, and
• signals a shift from the strict enforcement position taken ...