Blog

White Collar Law & Investigations

Keeping you aprised of the developing regulatory environment that confronts businesses and individuals in virtually any industry. Whether federal or state investigations, enforcement actions, changing enforcement priorities, criminal prosecutions or related civil proceedings, we provide regular coverage and updates that draw on the deep experience.

NY Department of Financial Services Slaps $30 Million Fine on Robinhood's Crypto Platform for Lax Anti-Money Laundering Controls
Blog August 12, 2022
NY Department of Financial Services Slaps $30 Million Fine on Robinhood's Crypto Platform for Lax Anti-Money Laundering Controls
On August 1, 2022, the New York Department of Financial Services (“DFS” or the “Department”) secured its first enforcement win against a cryptocurrency platform, Robinhood's crypto trading arm Robinhood Crypto, LLC. Robinhood Crypto is a wholly-owned subsidiary of Robinhood Markets, Inc. (RHM).  RHM allows users to trade stocks on a commission-free basis through its broker-dealer subsidiary, Robinhood Financial, LLC (RHF).  Robinhood Crypto allows RHF customers to trade cryptocurrencies…

Blog Editors

ABOUT

The Foley Hoag White Collar Law & Investigations blog addresses the developing regulatory environment that confronts businesses and individuals in virtually any industry.  Whether federal or state investigations, enforcement actions, changing enforcement priorities, criminal prosecutions or related civil proceedings, the White Collar Law & Investigations blog will provide regular coverage and updates that draw on the deep experience of Foley Hoag’s White Collar Crime & Government Investigations practice.

Our attorneys have represented companies and executives in criminal, regulatory, and civil investigations involving a wide range of governmental authorities – the U.S. Department of Justice, U.S. Attorney’s Offices, the U.S. Securities and Exchange Commission, Congressional oversight committees, state Attorneys General, and numerous federal and state departments and agencies. Our clients include global, national and regional companies in many industries: technology; pharmaceuticals and medical devices; health care; financial services; securities; insurance; environmental technology; manufacturing; and government.

The White Collar Law & Investigations blog will reflect the breadth of this experience and knowledge. Please contact us to share your thoughts on the blog or if we can assist you in navigating today’s complex regulatory environment.

Related Services

Our fluency in healthcare laws and policy helps us to help our clients develop successful strategies for navigating the complex health care environment. Learn more about our practices and focus areas within the healthcare industry:

Practice
White Collar Crime & Government Investigations
We provide highly effective counsel to individuals and companies caught up in government investigations, accused of criminal wrongdoing, or the victims of it.
Practice
Accountants & Professional Liability Defense
We are a top national law firm for major accounting firms that end up in disputes with clients, investors, lenders or regulatory authorities. Our team regularly represent audit, tax, consulting, and transaction service professionals in a wide array of litigation, arbitration, administrative and government matters.
Practice
Capital Markets
Our Capital Markets practice covers the full spectrum of securities offerings, helping clients structure transactions and in navigate regulatory requirements to enable clients to obtain necessary funding and exploit market windows from initial funding through exits.
Practice
Global Business & Human Rights
Launched over two decades ago, our Global Business & Human Rights practice was one of the first to help clients implement and advance internationally recognized human rights, social and environmental policies that align with legal requirements and emerging best practices while protecting operations from risk.
Practice
Environmental Permitting & Compliance
Environmental compliance is an essential part of doing business. We provide our clients with legal strategies based on deep knowledge of laws and regulations, and innovative approaches crafted around your business needs.
Practice
Environmental Litigation
Even the most diligent and conscientious company can end up as the target of an environmental complaint. Our environmental lawyers have built an impressive record resolving environmental disputes at the negotiating table and in the courtroom without hampering our clients’ business operations.
Practice
Insurance Recovery
Our insurance recovery lawyers represent policyholders in property/casualty insurance recovery disputes, having recovered hundreds of millions of dollars for our clients under commercial general liability, umbrella and excess liability, employment practices liability, professional liability, and directors’ and officers’ liability policies.
Practice
Patent & Trade Secrets Litigation
We work with clients to develop a comprehensive, global intellectual property strategy aimed at providing maximum competitive advantages for their companies.
Practice
International Trade & National Security
International trade regulations directly or indirectly affect a large number of businesses. Our team offers informed, risk-based and practical regulatory advice to help clients avoid compliance missteps and address those that may have already occurred.
Practice
Environmental, Social & Governance
Our multi-disciplinary team — comprised of business, litigation, energy, environmental, and human rights advisors — will help you develop and implement an ESG program specifically designed for your organization’s needs. We’ve been doing this since the 1980s, and have the experience and institutional memory to craft impactful and cutting edge ESG strategies.
Industry
Cannabis
We have been at the forefront of the medical and adult-use cannabis industry since the very early stages of its regulation and legalization across the U.S.
Industry
Life Sciences
Our nationally recognized Life Sciences practice can help you navigate the issues associated with the development and commercialization of innovative medical products and services.
Industry
Healthcare
We keep clients ahead of the shifts and out of the gray areas with an approach built on a deep understanding of healthcare law and a strong tradition of developing innovative legal solutions
Industry
Energy & Climate
During this era of innovation and disruption across the energy, clean technology and climate industries, we guide clients through a complex and evolving technology, regulatory and financing landscape
Industry
Technology
No industry moves faster than technology. We help clients in all stages of development navigate the evolving landscape while minimizing disruption to their business.

Blog Editors

Blog Authors

Stay Up to Date

Subscribe to the White Collar Law & Investigations Blog

We use cookies to enhance user experience, improve functionality and performance, and for analysis of website traffic. By clicking “accept”, you agree to the use of cookies. For more information about our cookie policy and the information we collect, please review our Privacy Statement.