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Penalty Enhancements

Latham & Watkins LLP

Singapore Proposes Regulatory Enhancement to Detect Market Abuse

Latham & Watkins LLP on

MAS hopes to strengthen controls on market abuse with new client identification and record keeping requirements for FIs. Key Points: ..In August 2019, the Monetary Authority of Singapore (MAS) proposed four new...more

Patterson Belknap Webb & Tyler LLP

Court Affirms Filing of Section 851 Prior Felony Information

In United States v. Strong, No. 15-2992, the Court (Kearse, Lohier, and Droney) affirmed Strong’s conviction in a brief, per curiam opinion. Strong was charged with conspiracy to possess with intent to distribute and to...more

BakerHostetler

California District Court Rejects Class Action Settlement Due To Fee, Enhancement, and Other Issues

BakerHostetler on

Do your homework before you seek approval of a class action settlement! Meals on airlines have all but disappeared for anyone other than those in first class, but the company Sky Chefs contends on its website that it...more

Dechert LLP

New U.S. Laws Criminalize Theft of Quantitative Trading and Investment Models and Other Trade Secrets and Dramatically Increase...

Dechert LLP on

Introduction - The U.S. Congress recently passed two laws that raise the stakes dramatically for employees of financial services firms and anyone else who misappropriates trade secrets, including source code and other...more

Burr & Forman

Expansion Of The Economic Espionage Act Broadens Protection For Trade Secrets

Burr & Forman on

In the summer of 2009, in an office at Goldman Sachs, in the waning hours of his last day of employment, a computer programmer named Sergey Aleynikov encrypted more than 500,000 lines of source code from Goldman’s proprietary...more

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