Administrative Law, Securities Law, Criminal Law

Select Broker-Dealer, Investment Adviser, and Investment Company Enforcement Cases and Developments: 2012 Year in Review

by Morgan Lewis on 2/6/2013

This Outline highlights key U.S. Securities and Exchange Commission (the "SEC" or the "Commission") and Financial Industry Regulatory Authority ("FINRA") enforcement developments and cases regarding broker-dealers during...more

Should Wall Street Fear Mary Jo White? [Video]

by Bloomberg Law on 2/1/2013

Feb. 1 (Bloomberg Law) -- Mary Jo White has spent decades as both a federal prosecutor and later as outside counsel for many financial institutions. If the Senate confirms her as SEC chair, will Wall Street be facing a lawyer...more

Justice Department and SEC Issue Guidance on Anti-Bribery Law

by David Dubberly | Nexsen Pruet, PLLC on 1/23/2013

Originally published in Swampfox - January 22, 2013. In November 2012 the Department of Justice and the Securities and Exchange Commission issued a 120-page “resource guide” to the U.S. Foreign Corrupt Practices Act. ...more

Insider Trading Enforcement And Deterrence

by Michael Volkov on 1/16/2013

It is hard to know whether the government’s aggressive enforcement of insider trading laws deters criminals from violating securities laws. One key factor in this equation is the risk of getting caught. The Obama...more

Internal Audit Review of Charitable Donations Under the FCPA

by Thomas Fox on 1/10/2013

When is a rose not a rose? When it is a charitable donation not made for philanthropic purposes and it violates the Foreign Corrupt Practices Act (FCPA). I thought about that concept when reviewing the Eli Lilly and Company...more

Top Ten Enforcement Actions for 2012

by Thomas Fox on 1/8/2013

As we welcome in 2013, it is appropriate to reflect back on some of the things which have occurred over 2012 and in the Foreign Corrupt Practices Act (FCPA) enforcement world, it was quite a significant year. The Department...more

Five Biggest FCPA Stories Of 2012

by Michael Volkov on 1/7/2013

One of my favorite “Seinfeld” episodes is when Jerry and George go to NBC to pitch their new television show which is about “nothing.” There are some parallels to this posting. FCPA settlements have dwindled during 2012....more

The Lilly FCPA Enforcement Action (Part III) Lessons Learned from Russia

by Thomas Fox on 1/4/2013

This Part III is the final installment of my review of the Eli Lilly and Company (Lilly) FCPA enforcement action brought by the Securities and Exchange Commission (SEC). In this Part III, I will review the FCPA issues that...more

From China to Poland and Brazi l- The Lilly FCPA Enforcement Action- Part II

by Thomas Fox on 1/3/2013

In Parts II and III of my review of the Eli Lilly and Company (Lilly) Foreign Corrupt Practices Act (FCPA) enforcement action brought by the Securities and Exchange Commission (SEC), I will discuss some the processes and...more

The Lilly FCPA Enforcement Action Part I – Key Lessons Learned on Sportsmanlike Conduct

by Thomas Fox on 12/31/2012

As you see from today’s picture I am enthusiastically wearing a New England Patriots (classic) shirt. You may ask yourself why am I wearing this shirt? The reason is because of a rather rash wager I made with Jay Rosen, Vice...more

DOJ Announces LIBOR-Related Criminal Charges And Penalties, Regulators Announce Parallel Civil Enforcement Actions

by BuckleySandler LLP on 12/26/2012

On December 19, both federal law enforcement and U.S. and foreign regulatory authorities announced that a Japanese bank and its Swiss bank parent company agreed to pay more than $1.5 billion to resolve criminal and civil...more

Recent Decision Provides Helpful Guidance on FCPA's "Wide Net"

by Stephen A. Best, Brian D. Nysenbaum | Brownstein Hyatt Farber Schreck on 12/21/2012

District Court Determines that the SEC Bears the Burden of Negating the 'Facilitating' Payments Exception - On December 11, 2012, in a rare opinion interpreting the U.S. Foreign Corrupt Practices Act ("FCPA"), U.S....more

Is It the End of the (Compliance) World?

by Thomas Fox on 12/21/2012

Today the Mayans predicted the world would end. I must say that I find the Mayans had a complete lack of courtesy, indeed if not foresight, as they did not identify the time the world would end and further did not specify if...more

Four Banks Fined $120 Million For ‘Mis-Selling’ Derivatives In Milan

by Elan Mendel | Shipkevich PLLC on 12/20/2012

On Wendesday an Italian court found Depfa Bank, UBS (UBSN.VX), JPMorgan (JPM.N) and Deutsche Bank (DBKGn.DE) guilty of fraud. The banks were found guilty of “mis-selling derivatives” (Reuters) to Milan; the four banks were...more

Legal Alert: FCPA Resource Guide Issued

by Kenneth R. Hannahs, Jr. | FordHarrison on 12/20/2012

On November 14, 2012, the Criminal Division of the United States Department of Justice ("DOJ") and the Enforcement Division of the United States Security and Exchange Commission ("SEC") issued "A Resource Guide to the U.S....more

Insider Dealing

by Orrick - Structured Finance Group on 12/19/2012

On December 13, the FSA published a press release announcing that Thomas Ammann, a former investment banker and FSA Approved Person at Mizuho International plc, had been sentenced to 2 years and 8 months imprisonment for two...more

DOJ and SEC Release New FCPA Resource Guide

by Anthony Moshirnia | Sheppard Mullin Richter & Hampton LLP on 12/18/2012

On November 14, 2012, the SEC and the DOJ released their long-awaited Resource Guide to the Foreign Corrupt Practices Act, which can be found here. The Resource Guide consolidates and summarizes the government’s previously...more

LEGAL ALERT – Were Our Predications Correct? Reviewing DOJ’s Guidance Regarding the Foreign Corrupt Practices Act

by Dan W. Goldfine, Brett W. Johnson | Snell & Wilmer L.L.P. on 12/14/2012

On November 8, 2012, we opined in the Global Connection as to what to expect from the anticipated Department of Justice (DOJ) and Securities Exchange Commission (SEC) guidance in regard to the Foreign Corrupt Practices Act...more

CFTC Charges Arista LLC With $9.5 Million Commodity Pool Fraud

by Felix Shipkevich | Shipkevich PLLC on 12/13/2012

The U.S. Commodity Futures Trading Commission (CFTC) today filed an enforcement action against Arista LLC, a registered commodity pool operator (CPO) based in California....more

Consultation Conclusions on the Regulation of Hong Kong IPO Sponsors – The Top Five Things You Need to Know

by Stephen Birkett, John Moore | Morrison & Foerster LLP on 12/13/2012

On December 12, 2012, the Securities and Futures Commission (SFC) published its eagerly anticipated consultation conclusions concerning the regulation of IPO sponsors (the “Consultation Conclusions”). While a more detailed...more

Dancing Around The Edges: A Journey In The FCPA Guidance

by Michael Volkov on 12/12/2012

I am really enjoying reading and re-reading the FCPA Guidance. It is a fascinating document, well written and chock full of salient points, messages, explicit and implicit. For me, the most important issues are those...more

What’s In the New FCPA Resource Guide: Some Welcome Clarity and Unexpected Muddling

by Scott Maberry, Thad McBride, Cheryl Palmeri | Sheppard Mullin Richter & Hampton LLP on 12/6/2012

Much has been said about what is missing from the new FCPA Resource Guide (the Guide) published by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). Here, we consider instead the areas in...more

What’s Not in the New FCPA Resource Guide, or Why Doing Your FCPA Homework is Still a Good Idea

by Mark Jensen | Sheppard Mullin Richter & Hampton LLP on 12/6/2012

Notwithstanding our overall approval of the FCPA Resource Guide (the Guide) issued by the Department of Justice (DOJ) and Securities & Exchange Commission (SEC) earlier this month, we are certainly not above a bit of...more

No More Ifs, Ands, and Buts — Anti-Corruption Compliance Now

by Michael Volkov on 12/6/2012

The FCPA Guidance could not have been clearer; it could not have offered more incentives and carrots to the business community. If you adopt and implement an “effective” compliance program, you will receive significant...more

DOJ and SEC Release Long-Awaited FCPA Guidance

by Cohen & Gresser LLP on 12/5/2012

On November 14, 2012, the Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) jointly released A Resource Guide to the U.S. Foreign Corrupt Practices Act (the “Guide”). The Guide is intended to...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters

Administrative Law › Securities Law › Criminal Law

Select Broker-Dealer, Investment Adviser, and Investment Company Enforcement Cases and Developments: 2012 Year in Review

Should Wall Street Fear Mary Jo White? [Video]

Justice Department and SEC Issue Guidance on Anti-Bribery Law

Insider Trading Enforcement And Deterrence

Internal Audit Review of Charitable Donations Under the FCPA

Top Ten Enforcement Actions for 2012

Five Biggest FCPA Stories Of 2012

The Lilly FCPA Enforcement Action (Part III) Lessons Learned from Russia

From China to Poland and Brazi l- The Lilly FCPA Enforcement Action- Part II

The Lilly FCPA Enforcement Action Part I – Key Lessons Learned on Sportsmanlike Conduct

DOJ Announces LIBOR-Related Criminal Charges And Penalties, Regulators Announce Parallel Civil Enforcement Actions

Recent Decision Provides Helpful Guidance on FCPA's "Wide Net"

Is It the End of the (Compliance) World?

Four Banks Fined $120 Million For ‘Mis-Selling’ Derivatives In Milan

Legal Alert: FCPA Resource Guide Issued

Insider Dealing

DOJ and SEC Release New FCPA Resource Guide

LEGAL ALERT – Were Our Predications Correct? Reviewing DOJ’s Guidance Regarding the Foreign Corrupt Practices Act

CFTC Charges Arista LLC With $9.5 Million Commodity Pool Fraud

Consultation Conclusions on the Regulation of Hong Kong IPO Sponsors – The Top Five Things You Need to Know

Dancing Around The Edges: A Journey In The FCPA Guidance

What’s In the New FCPA Resource Guide: Some Welcome Clarity and Unexpected Muddling

What’s Not in the New FCPA Resource Guide, or Why Doing Your FCPA Homework is Still a Good Idea

No More Ifs, Ands, and Buts — Anti-Corruption Compliance Now

DOJ and SEC Release Long-Awaited FCPA Guidance

Should Wall Street Fear Mary Jo White? [Video]

Expand Your Reach