Enforcement
-
Operation Atlantic sees US, UK, Canada join forces to end crypto scams
Law enforcement officials said the countries will work together to detect and interrupt crypto scams tied to fraudulent wallet approvals.
-
Medicare Advantage risk-coding dispute ends in $117.7m Aetna settlement
Insurer agreed to resolve US allegations that inaccurate diagnosis data for plan members inflated risk-adjusted payments from federal Medicare program.
-
FCA Healthcare roundup: Three cases of billing medically unnecessary products and services
Our in-brief, biweekly roundup of notable DOJ False Claims Act cases related to healthcare fraud.
-
Senate Dems have a bill to enhance the FCPA. It’s doomed. But noteworthy.
Enhanced FCPA bill from Senate Dems signals to companies that a future Democratic-led US government won’t accept weakened version of foreign bribery law.
-
Arctic Securities employee arrested in an insider trading investigation
Charges have been brought for violations of Norway’s Securities Act and the Criminal Code.
-
Macquarie Securities fined $24m for inaccurate reporting of short sales
Australian court found weaknesses in the firm’s systems, and procedures and controls remained undetected for more than a decade despite internal reviews.
-
FDA launches unified adverse event reporting dashboard
In addition to consolidating adverse events for all regulated products, the new centralized platform will manage consumer complaints, regulatory misconduct reports, and whistleblower submissions.
-
Hong Kong authorities make arrests in major insider trading probe
Authorities have not named any individuals or companies yet, but a Chinese securities group has confirmed its headquarters were searched and an individual was arrested.