- Increasing Focus on AI — AI developments and uses and the evolving legal and regulatory landscape may bring about new litigation and enforcement risks stemming from claims of algorithmic bias,
News & Commentary on Financial Regulatory and Compliance Matters
Jonathan R. Cyprys is a dedicated and trusted advisor and litigator who prides himself on using a practical approach and tactical strategies. Jon’s practice focuses on Securities and Exchange Commission (SEC) and Department of Justice (DOJ) government enforcement investigations, internal corporate investigations, securities and commodities fraud, white collar criminal defense, and broker-dealer arbitration and regulatory matters.
Jon represents various investment and commercial banks, broker-dealers, registered representatives, individuals and publicly and closely-held companies in numerous investigations surrounding allegations of insider trading, anti-trust violations, micro-cap stock transactions, anti-money laundering, supervision, market manipulation, suitability, misrepresentation and reporting issues among others.
On July 27, 2023, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued an interagency…
Continue Reading Federal Banking Agencies Propose New Rules to Strengthen Capital Requirements for Large BanksOn May 9, 2019, the Financial Crimes Enforcement Network of the U.S. Department of the Treasury (FinCEN) issued “interpretive guidance” addressing how FinCEN’s money services business (MSB) regulations apply to…
Continue Reading FinCEN Issues Guidance on Application of Regulations to Certain Business Models Involving Convertible Virtual Currencies