Financial Compliance

SEC Order Directing Third Disbursement of Fair Fund in Computer Sciences Corporation Matter

The SEC has issued an order directing a third disbursement of Fair Funds in the administrative proceeding against Computer Sciences Corporation. Approximately $517,004.73 will be distributed to harmed investors, bringing the total disbursed to 22.23% of their recognized claims.

SEC and FSA Hold Dialogue on Market Developments and Crypto

The SEC and Japan's FSA held their Spring Financial Regulatory Dialogue to discuss market developments, including crypto and digital assets. The meeting aimed to strengthen cooperation on cross-border issues and enhance investor protection in global capital markets.

SEC Adopts Final Rules for Holding Foreign Insiders Accountable Act

The SEC has adopted final rules and form amendments implementing the Holding Foreign Insiders Accountable Act (HFIA). These changes require directors and officers of foreign private issuers to electronically disclose their holdings and transactions in the issuer's equity securities, effective March 18, 2026.

SEC Adopts Final Amendments for Holding Foreign Insiders Accountable Act

The SEC has adopted final amendments to rules and forms under the Exchange Act to implement the Holding Foreign Insiders Accountable Act. These amendments require directors and officers of foreign private issuers with U.S. registered equity securities to disclose beneficial ownership and transactions. The rule becomes effective on March 18, 2026.

November 2025 Enforcement Report

The Illinois Department of Financial and Professional Regulation (IDFPR) has released its November 2025 Enforcement Report, detailing four enforcement actions signed by various directors. The report outlines regulatory actions taken against licensed professionals and financial institutions during that month.

Illinois Takes Over Bank, First Independence Bank Assumes Operations

The Illinois Department of Financial and Professional Regulation (IDFPR), in cooperation with the FDIC, took control of Metropolitan Capital Bank & Trust on January 30, 2026, due to unsafe and unsound conditions. First Independence Bank of Detroit will assume operations, ensuring customer deposits are protected.

December 2025 Enforcement Report

The Illinois Department of Financial and Professional Regulation (IDFPR) has released its December 2025 enforcement report, detailing five enforcement actions taken during that month. The report covers actions across banking, financial institutions, professional regulation, and real estate sectors.

IDFPR Adds 6 New License Types to CORE Platform

The Illinois Department of Financial and Professional Regulation (IDFPR) announced the addition of six new license types to its CORE platform, completing Phase 3.2 of the system's modernization. This update primarily affects mental health professionals, including social work and counseling professions, as their licenses are gradually integrated into the new system.

Colorado Option Health Plan Research Findings

Brown University research indicates the Colorado Option health plan has led to premium reductions of over $100 for individual market plans, including non-Option plans. The findings suggest public option plans can improve affordability, especially in areas with high healthcare provider and hospital prices.

Colorado Health Programs Receive $339M Federal Funds

The Colorado Division of Insurance will receive $339 million in federal pass-through funding for its health insurance initiatives, bringing the total since 2020 to $1.49 billion. This funding recognizes the success of the Colorado Option and Bipartisan Reinsurance programs in reducing healthcare costs for residents.