Extreme Networks has agreed to pay $2.5 million to resolve violations related to sales to a Russian missile maker. The settlement highlights ongoing scrutiny of U.S. companies doing business with entities tied to sanctioned nations. Meanwhile, the U.K.’s Serious Fraud Office is looking to the U.S. as it builds its own whistleblower program, aiming to improve enforcement and transparency.
In a separate development, SEC enforcement activity has dropped 57%, according to a new report, signaling a potential shift in regulatory priorities.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing