Here are five things Schaprio can do right away to dust the cobwebs off and get the 75-year-old agency back into the business of protecting investors.
The use of online social media means to interact with the public is becoming more accepted and prevalent in the business community. While online social media provides many benefits, there are potential pitfalls to its use.
History will be made with the opening gavel in William Jefferson’s federal trial. It will mark the first time a former member of congress has been prosecuted under the FCPA, and the only time the country has seen two FCPA trials staged simultaneously.
SEC v. Kohler is another example of the Commission’s aggressive enforcement in international insider trading cases.
A former enforcement division trial lawyer offers several “outside the box” suggestions which might help the SEC regain its footing as the top regulator of the financial markets.
Under Delaware law and under the legal understandings that BofA reached when it acquired Countrywide, BofA has a legal obligation to advance Mozilo’s expenses. The only outrage would be if BofA refused to do so.
As you may know, I paid $4 million (oof) to settle my share of the Global Research Settlement, and I got booted out of the securities industry. What you may not know is what has happened to the $4 million.
The SEC may have turned up the heat, but with the use of solid compliance procedures and a proactive investigative strategy, this doesn’t mean you have to get burned.
Giving civil agencies criminal power is not the answer. Putting aside the bureaucratic turf wars that would inevitably arise, consolidating criminal and civil authority is an extreme departure from established practice and is bound to create more problems
A closer look at Sotomayor’s decisions show significant experience tackling business issues and no easy answers as to whether she will lean toward or against bank interests if confirmed to the Supreme Court.