The Obama administration today announced the nominations of Brian Quintenz and Chris Brummer to the Commodity Futures Trading Commission. Quintenz is the founder and managing principal of Washington, D.C.-based Saeculum Capital Management LLC and a former aide to Rep. Deborah Price. Brummer is a professor at Georgetown University Law School, with a background in international trade.
FinCEN issues guidance on Mexico-based criminal organizations, ISIS
FinCEN issued an alert for financial institutions on bulk cash smuggling and repatriation by Mexico-based transnational criminal organizations. It also issued an advisory on reporting suspicious activity related to the terrorist organization ISIS.