- WSJ LAW BLOG (April 2, 2009): ‘Dangling in the Wind’: A Closer Look at Asset Freezes
“At some point, you have to ask whether a freeze is fair to a civil defendant who otherwise is left dangling in the wind.”
- ANDREW CLARK, THE GUARDIAN (April 2, 2009): How did Bernard Madoff’s victims fall for his $65bn scam?
Newly disclosed legal documents show that some of Madoff’s closest associates blithely turned a blind eye to warning signs. And they allowed themselves to be bullied and harangued by the 70-year-old.
- THE D&O DIARY (April 2, 2009): Mass. Regulator Accuses Madoff Feeder Fund of “Fraud”
Mass. AG’s complaint against Madoff feeder fund contains some rather striking allegations, the most provocative of which are based on an alleged telephone call in which Madoff coaches senior Fairfield officials on how to respond to inquiries from the SEC.
- SEC ACTIONS (April 1, 2009): What Does Cooperation Earn?
Cooperation as defined by the SEC typically requires much more than that which might be expected of a good citizen and often comes at a high price for the company. What does cooperation as defined by the SEC earn the company?
- RUSS BANHAM, CFO MAGAZINE (April 1, 2009): A Tale of Two Markets
Premiums for directors’-and-officers’ (D&O) liability insurance are soaring, financial limits are contracting, and policy terms and conditions are tightening. The cost of D&O policies for some firms is nearing the coverage limits provided.
- MICHAEL KOEHLER AND DAVID SIMON, FOLEY & LARDNER (April 1, 2009): Record-Setting Enforcement Action Against Siemens Offers Lessons in Foreign Corrupt Practices Act Compliance
The Siemens action, besides being of interest because of the size and scope of the action and the extent of the corruption in the company, teaches several important FCPA compliance lessons.
- THE FCPA BLOG (March 31, 2009): Enforcement Report For Q1 ‘09
We count seven Foreign Corrupt Practices Act enforcement actions since the start of the year, including indictments, pleas and settlements, along with one newly disclosed investigation.
- WRAGEBLOG (March 30, 2009): Monitoring the Monitors
Imagine hiring a lawyer on the following terms: you may send as many associates as you like, at whatever hourly rate you choose, to as many of our domestic or foreign offices as you wish, for as long as you think appropriate.
- ANDREW HILL, FT (March 27, 2009): On Insider Dealing, City Watchdog is Finding its Snarl
The FSA watchdog now has more snarl, but it is still courting ridicule by urging financial professionals to be frightened, as it did two weeks ago.
‘Enforcement 40’ for 2020
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