News Coverage


Ex-Citigroup Analyst Defeats FINRA Charges Over Tips

Ex-Citigroup Analyst Defeats FINRA Charges Over Tips

- Law360
A panel of Financial Industry Regulatory Authority officers has dismissed allegations a former Citigroup research analyst improperly passed on info concerning Medtronic Inc.’s merger with Covidien PLC, ruling there was no evidence the analyst gave out material non-public information.
FINRA’s Department of Enforcement had alleged former Citigroup Global Markets Inc. equity research analyst Matthew J. Dodds selectively disclosed material nonpublic information to Citadel analyst...

SEC Grants $1.5M Whistleblower Award To Compliance Officer

SEC Grants $1.5M Whistleblower Award To Compliance Officer

- Law360
The U.S. Securities and Exchange Commission announced Wednesday that it will grant approximately $1.5 million to a compliance officer who provided information that led to an SEC enforcement action against the employee’s company, its second-ever award to an employee with internal audit or compliance responsibilities.
The award was the first-ever given to a compliance officer under a rule that allows compliance employees to report misconduct to the SEC in order to prevent...