We just released Episode 45 of the False Claims Act Insights podcast where Jody Rudman and I talk about this year’s big DOJ healthcare fraud takedown.
We talk about how this year’s takedown compares to those in prior years, and how Medicaid Fraud Control Units participated more than in the past. Jody also unpacks the
An AI agent scans a news alert, identifies a market opportunity, and places a trade in your brokerage account—all before you finish your morning coffee. This is not a hypothetical. It is the premise of Robinhood’s recently launched Agentic Trading platform, and it is a consequential development in AI-enabled financial services. It also arrives as the two primary federal regulators of U.S. financial markets, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), are actively building out AI governance frameworks.
We just released Episode 44 of the False Claims Act Insights podcast where Bryan Nowicki and I talk about this year’s much publicized string of egregious hospice fraud.
Bryan and I talk about how criminal fraud impacts the hospice industry as a whole, and has a particular collateral consequence on legitimate hospice providers and their
On June 30, 2026, I spoke with Jeff Le Riche and Sarah Razaq Sallis during the latest edition of Husch Blackwell’s Government Enforcement, Compliance & Investigations webinar series.
Earlier this month, the U.S. Supreme Court issued its 9-0 decision in Sripetch v. Securities and Exchange Commission, holding that the U.S. Securities and Exchange Commission (SEC) can retrieve ill-gotten gains from alleged securities-law violators without having to prove that victims of those violations suffered a pecuniary loss.[1] Sripetch is the most recent decision in a series of U.S. Supreme Court cases analyzing the SEC’s disgorgement powers.
On June 10, 2026, the U.S. Commodity Futures Trading Commission (CFTC) published a Notice of Proposed Rulemaking (NPRM) seeking public comment on amendments to CFTC Regulation 40.11 and the addition of a new Appendix F to part 40, addressing event contracts, commonly traded on so-called “prediction markets.” The proposal would specify which event contracts may be subject to a determination that they are contrary to the public interest, set out the factors the Commission would apply, and add a definition of “gaming” together with a rule for when an event contract “involves” an underlying activity.
Amid recent high-profile incidents of suspicious activity on prediction markets, as well as pressure from Congress, the CFTC has signaled in unmistakable terms that prediction markets are squarely within its enforcement crosshairs and that it will use every tool at its disposal—including artificial intelligence surveillance.
In April 2026, U.S. Army Special Forces Master Sergeant Gannon Ken Van Dyke was charged for allegedly profiting over $400,000 on bets placed on an offshore cryptocurrency-based prediction platform using classified information related to a military operation targeting former Venezuelan President Nicolás Maduro. The prosecution of Van Dyke reflected the government’s position that prediction markets are subject to the Commodity Exchange Act’s (CEA) anti-fraud and insider trading prohibitions.
Less than six weeks later, federal prosecutors have filed a second insider trading claim involving prediction markets–this time alleging use of confidential corporate data on Polymarket, the world’s largest online prediction marketplace.
We just released Episode 42 of the False Claims Act Insights podcast where Tim Ribelin and I discussed managed care FCA enforcement.
Tim recently discussed this topic at an American Conference Institute conference. Our listeners now get to hear Tim’s takes on “one way” or “add-only” chart reviews, and how aggressive documentation templates create FCA
The prediction market industry has spent the better part of two years arguing that event contracts are a legitimate, regulated, and economically valuable financial product—and, in important respects, that argument has prevailed. What the industry could not have anticipated is that its first landmark enforcement action involves not a rogue trader on Wall Street but an active-duty U.S. Army Special Forces Master Sergeant accused of leveraging classified intelligence about a covert military operation to pocket more than $400,000 on an offshore cryptocurrency-based prediction platform.