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United States

Richard Satran

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Nov 15 2017

U.S. foreign bribery cases fast-tracked due to statute of limitations ruling - SEC enforcement chief

NEW YORK (Thomson Reuters Regulatory Intelligence) - A recent decision by the U.S. Supreme Court that places a five-year limit on payments of disgorgement will require the Securities and Exchange Commission to speed up its pending Foreign Corrupt Practices Act cases, a top agency official said on Thursday.

Sep 21 2017

New York proposes cyber security rules for credit-reporting, warns banks after Equifax breach

NEW YORK (Thomson Reuters Regulatory Intelligence) - The New York Department of Financial Services on Monday responded to the Equifax cyber attack by proposing to extend its ground-breaking data protection rules to credit reporting firms, in an attempt to fill a perceived regulatory gap. The New York regulator also issued a warning to banks on potential risk from the massive data breach and issued guidelines on how to limit damage.

Jul 11 2017

ANALYSIS: 'Sea change' in enforcement shows regulatory ease, possible rise in individual prosecutions

NEW YORK (Thomson Reuters Regulatory Intelligence) - The Commodity Futures Trading Commission’s non-prosecution deal with three former Citigroup traders for cooperating in an investigation of their past employer gave one of the clearest signs yet of the direction the Trump administration will take in enforcement actions. The case shows U.S. agencies’ new willingness to strike such agreements in prosecuting complicated cases.

Jun 28 2017

Treasury plan could change U.S. consumer financial oversight, despite obstacles

NEW YORK (Thomson Reuters Regulatory Intelligence) - There is much for critics of the U.S. "administrative state" to like about the Treasury Department’s case for curbing the Consumer Financial Protection Bureau. The long-awaited study is short, however, on the kind of practical, political vision needed to reform an agency that the Trump administration appears to have grudgingly accepted as here to stay in one form or another.

Jun 22 2017

ANALYSIS: WannaCry attack shows trend toward 'economic' cyber threats, rising regulatory risk

NEW YORK (Thomson Reuters Regulatory Intelligence) - The cyber attack last month known as the WannaCry ransomware incident did little damage to U.S. financial firms but it sent a warning shot for the securities industry and its regulators. The self-replicating worm infected over 200,000 computers in 150 countries, showing the potential harm fast-moving attacks can inflict and fueling new calls from regulators for firms to manage cyber risk.

May 10 2017

Six social media 'can do's' from FINRA update on rules, and red flags for each

NEW YORK (Thomson Reuters Regulatory Intelligence) - The Financial Industry Regulatory Authority has clarified some grey areas on how broker dealers and their financial advisers can use social media without violating rules on advertising and communications with the public.

May 02 2017

Morgan Stanley case shows state enforcing fiduciary duty; red flag for sales contests

NEW YORK (Thomson Reuters Regulatory Intelligence) - While a national fiduciary rule for retirement accounts has been put on hold in Washington, a civil enforcement action by Massachusetts against Morgan Stanley shows a state regulator moving ahead in enforcing fiduciary duty. The state alleged that the brokerage ignored a fiduciary responsibility by offering cash bonuses for account openings.

Apr 28 2017

"Partnership" to get new emphasis in U.S. fraud, bribery enforcement strategy - DOJ official

NEW YORK (Thomson Reuters Regulatory Intelligence) - The U.S. Justice Department will put more emphasis in its fight against fraud to encouraging cooperation from companies and individuals as opposed to seeking new enforcement records, but it has no intention to abandon prosecutions of white-collar offenses, a senior official said on April 20.

Mar 21 2017

Women in U.S. finance face harsher misconduct discipline than men, 'bad broker' research team finds

NEW YORK (Thomson Reuters Regulatory Intelligence) - Women involved in securities-industry disciplinary actions are significantly more likely to be fired than their male counterparts, according to a study released March 13 by the research team that last year drew wide attention to “bad brokers” who remain in the securities industry after being fired for misconduct.

Mar 17 2017

SEC rejects bitcoin fund, showing digital currency hurdles as Main Street investment

NEW YORK (Thomson Reuters Regulatory Intelligence) - The U.S. Securities and Exchange Commission on Friday rejected an application for a bitcoin-based exchange-traded-fund, suggesting that the digital currency has far to go before it wins approval as a traded investment on a public securities market, according to the SEC's ruling on the case and industry sources.

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