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SEC Whistleblower Awarded Nearly $279M & Other News

May 8, 2023 by FTF News

SEC Whistleblower Awarded Nearly $279M & Other News

Biggest SEC Whistleblower Award to Date A whistleblower somewhere recently got a check or two for nearly $279 million from the Securities and Exchange Commission, according to the SEC, which adds that it is the “largest-ever award” to date. The whistleblower’s “information and assistance led to the successful enforcement of SEC and related actions,” according… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Data Management, Industry News, Operational Risk, Ops Automation, Outsourcing, Private Markets, Reconciliation & Exceptions, Settlement, Whistleblower News, Digital Transformation, FinTech Trends, Blockchain/DLT, ESG Data & Investing, Performance Measurement, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: automation, back office, blockchain, compliance, data management, reconciliation, SEC, Securities Operations, Standards, training exams, wall street

KPMG Settles SEC Misconduct Charges for $50M

June 18, 2019 by Eugene Grygo

KPMG Settles SEC Misconduct Charges for $50M

KPMG, a major auditor serving Wall Street, has settled with the SEC for $50 million over multiple misconduct charges, including the allegation that former employees used “stolen information” from the Public Company Accounting Oversight Board to find out which past audits would be re-visited by the PCAOB. The PCAOB, created via the Sarbanes-Oxley Act of… Read More >>

Filed Under: Securities Operations, Buy-Side, Case Studies, Corporate Actions, Data Management, Industry News, Operational Risk, Ops Automation, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, Integration, Standards, Performance Measurement, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: internal cheating, KPMG, misconduct charges, PCAOB, SEC, settlement, stolen information, training exams

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