The pace of white-collar crime investigations and prosecutions in 2011 showed no signs of abating. The Securities and Exchange Commission promoted the filing of a record 735 enforcement actions in the past fiscal year. Prosecutors won convictions in a number of insider trading trials that grew out of the investigation of Mr. Rajaratnam and his shuttered hedge fund, the Galleon Group. The Justice Department and S.E.C. continue to aggressively pursue overseas bribery cases under the Foreign Corrupt Practices Act, while the demise of futures brokerage firm MF Global generated a multi-agency investigation of the loss of more than $1 billion in customer money.
As we stand on the precipice of 2012, White Collar Watch looks at some of the trends in criminal and civil enforcement cases that will continue in the next year.
‘Enforcement 40’ for 2020
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