The Alternative Reference Rates Committee issued (i) updated contractual fallback language for U.S. dollar LIBOR-denominated bilateral business loans and (ii) a technical reference document to support previously released conventions for syndicated loans.

A direct selling company headquartered in California settled DOJ and SEC charges for violating the Foreign Corrupt Practices Act by bribing Chinese government officials. The company sells health and personal care products in over 90 countries.

The DOJ filed a civil forfeiture complaint alleging that North Korean cyber actors stole millions of dollars' worth of cryptocurrency and then laundered the funds through Chinese OTC cryptocurrency traders.

September might be near, but the sun is still out! Enjoy the rest of the summer with some easy-breezy tunes.

In a speech on governance, SEC Commissioner Hester M. Peirce highlighted the need to refocus corporate priorities on shareholders rather than stakeholders, and the danger that the continuing shift in such focus reduces management accountability.