PROTECTING STUDENT BORROWERS
PROTECTING STUDENT BORROWERS
Sanctions enforcement is usually discussed in the language of tankers, banks, and cross‑border payments. But a recent enforcement action by the Office of Foreign Assets Control (OFAC), the top sanctions regulator in the U.S., reads more like an admissions file. Earlier this month, IMG Academy, an elite youth sports academy where tuition runs nearly $100,000 […]
First published on PR Newswire – Across the Pond, an education recruitment company that places U.S. students in U.K. universities, and its co-founder have collectively agreed to pay $1.3 million dollars to settle claims they violated U.S. rules around how recruitment companies are paid when targeting U.S. students that receive federal loans. This settlement resolves […]
In a much-awaited decision, the Supreme Court today held in Learning Resources, Inc., et al. v. Trump that tariffs President Trump imposed under the International Emergency Economic Powers Act (IEEPA) are invalid. Customs and Border Protection statistics show that about $130 billion in IEEPA tariffs have been collected since 2025. Beyond its major economic impact, […]
Earlier this month, the Commodity Futures Trading Commission (CFTC) submitted its Fiscal Year 2025 Whistleblower & Customer Education Report to Congress, a statutorily mandated account of the agency’s whistleblower program. The report provides useful data on tips received and awards granted, but it also highlights a troubling trend: the CFTC’s whistleblower award cadence and award […]
Last week, the Office of the Inspector General for the Department of Health and Human Services (HHS OIG) issued new compliance program guidance for parties involved in Medicare Advantage, updating the prior guidance it issued over two decades ago. The report flags several high priority risk areas, described below, and repeatedly warns that these parties […]