See You in 2025!

Plus poll results on whether the SEC and CFTC should merge.

Author

Bruce Carton
December 31, 2024

SPONSORED BY

Good morning on this last day of 2024! Here’s what’s up.

Poll Result

👉 Exactly two-thirds of you believe that the SEC and CFTC should be merged to create one markets regulator.

Clips ✂️

Last Madoff victim fund payout brings recovery to nearly 94% of Ponzi scheme losses, DOJ says

The 10th and final distribution from a fund for victims of the late Ponzi scheme king Bernie Madoff began Monday, the Department of Justice said.

The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than 40,000 victims in nearly 130 countries, the DOJ said.

by CNBC

Books

👉 JJ Chan and Kevin LaCroix have authored a new book entitled “Directors & Officers Liability Insurance: Selected Articles, Cases and Materials.” I haven’t read the book but I’m confident that anything Kevin (the author of The D&O Diary blog, which is often mentioned in this newsletter) is involved in will be outstanding.

SPONSORED BY

Securities Enforcement Forum New York 2025 is set for January 28, 2025 at the JW Marriott Essex House New York! Join us in person or tune in virtually to hear from nearly 50 luminaries in the securities enforcement field.

Panelists will include eight senior officials from the SEC’s New York office and the SDNY, featuring Keynote speakers Sanjay Wadhwa and Antonia Apps. Panelists will also include six former SEC Enforcement Directors (Gurbir Grewal, Steve Peikin, Stephanie Avakian, Andrew Ceresney, George Canellos, and Bill McLucas) as well as 30+ other leading attorneys, in-house counsel, and consultants in the securities enforcement field. In short, you will not want to miss this inaugural event in New York!

👉 Daily Update readers can register here with a 25% discount by using one of these codes. See you January 28 in New York!!!

In-Person: BLAST212NY25

Virtual: BLAST212V25

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