SEC Commissioner Hester M. Peirce urged that the SEC adopt a "liability framework" for the bringing of enforcement actions against CCOs.
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In a comment letter, SIFMA argued that self-regulatory organizations that control the Consolidated Audit Trail should be subject to full liability for damages that result from data breaches that might occur when an SRO uses the CAT for commercial purposes.
The CFPB advisory opinion on unfair debt collection practices became effective July 5, 2022.
SEC Division of Enforcement Director Gurbir S. Grewal expressed satisfaction with the outcome of a jury trial in the Central District of California, which found the former vice president of a publicly traded multinational manufacturing company liable for insider trading.
The DOJ indicted six individuals in four separate cases for their alleged roles in crypto-related fraud.