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Latest News in Compliance

• January 28, 2026

  Powell Says Cook Case May Be 'Most Important' In Fed History

  Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's U.S. Supreme Court bid to oust Fed Gov. Lisa Cook represents "perhaps the most important" case in the history of the central bank, defending his move to attend the high court's recent hearing on the matter.

• January 28, 2026

  Ex-Google Engineer's Trade Secret Theft Case Goes To Jury

  Software engineer Linwei Ding "stole, cheated and lied" when he worked at Google LLC, taking its artificial intelligence trade secrets to help himself and China, a California federal prosecutor told jurors Tuesday, urging them to convict him of economic espionage and trade secret theft.

• January 28, 2026

  Northern Trust VP Stole Millions From Elderly Client, Suits Say

  An elderly banking heiress and her nephew have sued the Northern Trust Co., alleging the wealth management firm failed to safeguard their assets from a now-former vice president who helped himself to millions of dollars of their funds.

• January 28, 2026

  SEC Says Musk Can't Fight 'Uncontested' Facts In Twitter Case

  The U.S. Securities and Exchange Commission on Wednesday further urged a D.C. federal judge to grant it an early win in the agency's enforcement action against Elon Musk over his Twitter stock purchases, saying Musk's recent opposition brief "only confirms that the court should grant" summary judgment.

• January 28, 2026

  Asset Co. Slams Conn. Insurance Chief's Plan For Liquidation

  An asset management company asked a Connecticut state court for permission to intervene in the insurance commissioner's rehabilitation of struggling insurer PHL Variable Insurance Co., saying the commissioner's "surprise" plan to pursue liquidation will be disastrous for universal life policyholders that are over a $300,000 cap on death benefits.

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