Audit Board

APRIL 26, 2023

On the heels of several history-making bank collapses in the first quarter of 2023, financial institutions must fortify their internal controls programs to respond to greater scrutiny from federal regulators. Areas where banks are expected to face stricter rules and supervision include: Stress test models and contingency planning.

Compliance 52

Compliance Banking Market Capitalization Technology 52

Reynolds Holding

MAY 31, 2023

Investors’ $1 billion tentative settlement – a Top 20 settlement of all time if approved – comes in the wake of years of scandal and resolves allegations that the bank concealed its inability to clean up its act. Current CEO Charles Scharf also admitted to the bank suffering from a “ broken ” culture and “flawed business” model.

Banking 52

Banking Compliance Market Capitalization Marketability 52

Reynolds Holding

APRIL 4, 2022

Today, you’ve invited me to talk about the roughly $2 trillion crypto markets. The dot-com bubble burst, though, created significant tremors in our markets. There’s no reason to treat the crypto market differently just because different technology is used. has the greatest capital markets because investors have faith in them.

Marketability 65

Marketability Banking Start-ups Compliance 65

Reynolds Holding

JANUARY 23, 2024

Wells Fargo Investors’ $1 billion settlement against Wells Fargo comes in the wake of years of scandal and resolves allegations that the bank concealed its inability to clean up its act. The merger was allegedly orchestrated by prominent buyout firm 3G Capital Partners with a plan to extract $1.5 billion in cost savings.

Banking 59

Banking Private Equity Firm Alpha Compliance 59

Reynolds Holding

JANUARY 9, 2023

market will be documented in the ISS Securities Class Action Services “Top 100 U.S. Specifically, the material within the filings failed to disclose that loan collateral was not originated in compliance with company guidelines, as well as a failure to assess borrowers’ credit worthiness. A substantive year in review for the U.S.

Banking 81

Banking Private Equity Firm Marketability Compliance 81

Reynolds Holding

NOVEMBER 28, 2022

On November 17, 2022, the Financial Industry Regulatory Authority (“FINRA”) issued a special alert to FINRA members concerning the heightened threat of fraud in small capitalization initial public offerings (“IPOs”). FINRA also suggested that underwriters consider compliance with FINRA Rules 5130 and 5131. broker-dealers to the U.S.

Compliance 45

Compliance Marketability Banking Treasury 45

Reynolds Holding

NOVEMBER 15, 2022

percent increase over fiscal year 2021; 129 actions against issuers who were allegedly delinquent in making required filings with the SEC; and 169 “follow-on” administrative proceedings seeking to bar or suspend individuals from certain functions in the securities markets based on criminal convictions, civil injunctions, or other orders.

Compliance 45

Compliance Marketability Technology Alpha 45