IndustryStandards

Almost Two Dozen Firms Pursue Settlement Agreements with CFTC to Resolve Enforcement Actions

2 months ago

In a notable development within the financial sector, nearly 24 firms are actively seeking agreements with the Commodity Futures Trading Commission (CFTC) to resolve various enforcement actions. This move marks a significant moment for these companies, as they aim to settle ongoing investigations related to compliance lapses and other regulatory concerns that have captured the attention of the CFTC in recent months.

Douglas Elliman Faces Lawsuit for Allegedly Supporting Alexander Brothers in Fraud Scheme

3 months ago

In a striking turn of events, renowned real estate brokerage Douglas Elliman has been caught up in a legal maelstrom, as a lawsuit has been filed against them alleging their involvement in facilitating fraudulent activities perpetrated by the Alexander brothers, prominent figures in the New York real estate market. The lawsuit, which was unveiled on March 3, 2025, claims that Douglas Elliman not only aided but also significantly benefited from the alleged deceptions associated with the notorious real estate duo.

Corporate Discontent on ESG Reporting: The Rising Costs of Data Collection

4 months ago

In a recent development reflecting growing corporate frustration, many businesses are escalating their concerns regarding the costs associated with Environmental, Social, and Governance (ESG) reporting. The current atmosphere of tight budgets and rising expenses is intensifying the dissatisfaction among executives over the financial implications associated with adhering to ESG frameworks.