We’re going inside Sullivan & Cromwell’s novel legal strategy in a “too big to fail” dispute with the feds. And we’ve got some of the latest new-hires on the crypto front. The EPA’s new leader faces scrutiny over lobbying clients. Welcome to Compliance Hot Spots, our briefing on compliance, enforcement and government affairs. 

Thanks as always for reading, and please keep sending me feedback—stuff you’re working on, trends you are seeing. I’m at [email protected] and 202-828-0315, or follow me on Twitter @cryanbarber. You can sign up here to receive this briefing as a weekly email. For all the RSS fans, here’s a feed link.