Monthly Archives: July 2014

More FCPA Cases in Pipeline, Brockmeyer Says; Some Administrative — Bloomberg BNA

The Securities and Exchange Commission has a number of Foreign Corrupt Practices Act cases in the pipeline, Kara Brockmeyer, chief of the SEC Enforcement Division’s FCPA unit, said July 10. In an interview, she told Bloomberg BNA that some of these cases “absolutely” will be brought in the agency’s administrative forum. Cases will include individuals, not just corporations, as respondents…

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Madoff Five Face Sentencing as U.S. Calls Denials Galling – Businessweek

The three men and two women, who worked for Madoff for decades, deserve “significantly harsher” terms than the eight to 20 years recommended by the U.S. Probation Office, the government said in court filings this month. The defendants seek leniency, arguing jurors were misled by overzealous prosecutors. via Madoff Five Face Sentencing as U.S. Calls Denials Galling – Businessweek

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As bribery case continues, CalPERS reaps profits from tainted investments — Sac Bee

It’s been one of the darkest chapters in CalPERS history, a bribery scandal that prompted a guilty plea from its former chief executive earlier this month. It’s also been rather profitable. America’s largest public pension fund has racked up sizable gains from investments brokered by Alfred Villalobos, the Nevada businessman accused of bribing top CalPERS officials…. via As bribery case continues,…

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People Who Don’t Get It: Investor Relations Execs Who Engage in Insider Trading — Compliance Week

Not too far removed from public company employees who foolishly believe they can get away with insider trading in their own company’s stock are investment relations executives who foolishly think they can get away with insider trading stock in the stock of their public company clients. Bad idea! via People Who Don’t Get It: Investor Relations Execs Who Engage in…

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