The Department of Justice (DOJ) and Securities and Exchange Commission (SEC) have released new guidance on the criminal and civil enforcement provisions of the Foreign Corrupt Practices A...
On September 27, 2012, the SEC’s Office of Compliance Inspections and Examinations (the “OCIE”) issued a Summary Report (the “Report”) on the results of examinations by the SEC,...
On August 21, 2012, the Securities and Exchange Commission (“SEC”) announced its first “whistleblower” award under the Dodd-Frank Act. While the facts relating to the whistleblowe...
On June 6, 2012, the Consumer Financial Protection Bureau (“CFPB”) announced and issued three final rules relating to its procedures and practices for enforcing federal consumer finan...
On March 22, 2012, the Senate voted 96-3 to adopt the House version of the Stop Trading on Congressional Knowledge Act (the “STOCK Act”), which most notably extends insider trading la...
The SEC will no longer permit defendants who admit relevant conduct in parallel criminal proceedings to “neither admit nor deny” that conduct in settlement orders.
The SEC has had a ...
Law360, New York (December 01, 2011, 3:38 PM ET) — Ten years ago, Enron Corporation — having enjoyed a long reputation of corporate success — became a symbol of corporate greed, exc...
The SEC has now issued rules implementing the Dodd-Frank whistleblower bounty provisions, ushering in a radically new compensation scheme that will affect compliance programs and investig...
Earlier today, in a divided 3-2 vote, the SEC adopted final rules to implement the whistleblower provisions of the Dodd-Frank Act. Overall, the final rules appear more permissive and defe...
