In This Issue:
- SEC Issues Cease and Desist Order Against Goldman Sachs for Pay-to-Play Violations page 1 - 3
- A Change in Tack: The Government Turns its Attention Away from Pharmaceutical Companies and Toward Medical Device Manufacturers page 3
- Money Laundering and the Risks Associated With Being an Accomplice to Financial Fraud page 4 - 5
- IRS Whistleblower Claims Increase After Whistleblower Convicted in Tax Scheme Receives Record-Setting $104 Million Award page 5 -7
- Excerpt from SEC Issues Cease and Desist Order Against Goldman Sachs for Pay-to-Play Violations By Justin B. Ettelson:
With campaign season upon us and fundraising efforts by local and national campaigns in full swing, an order issued by the Securities and Exchange Commission (SEC) on September 27, 2012, instituting administrative and cease-and-desist proceedings (Order) against Goldman, Sachs & Co. (Goldman Sachs) for violations of the Municipal Securities Rulemaking Board’s (MSRB) pay-to play rules, is a good reminder for brokers, dealers and municipal securities dealers of the issues and pitfalls associated with making political contributions.
Please see full alert below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.