Subscribe
‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInU.S. judge orders deposition of Bernard Madoff | Reuters
Bernard Madoff must submit to a deposition by lawyers for some former customers who lost money when the imprisoned swindler’s firm collapsed in December 2008, a judge ordered on Friday. U.S. Bankruptcy Judge Stuart Bernstein in Manhattan set strict limits on what Madoff can be asked. via U.S. judge orders deposition of Bernard Madoff | […]
CFTC whistleblower program finally scores big with $10 million award | Compliance Week
The U.S. Commodity Futures Trading Commission had been off to a slow start on its Dodd-Frank whistleblower program, having paid out just two awards totaling $530,000 over the entire life of the program. That changed dramatically this week, however, when the CFTC announced a huge award of more than $10 million. via CFTC whistleblower program […]
‘Routine’ vote to finally approve two SEC commissioner nominees blocked | Compliance Week
The struggle to add two commissioners to the SEC drags on, leaving SEC Chair Mary Jo White and two other SEC commissioners to do the work of what is supposed to be a five-member commission. The most recent development in this saga came yesterday, when a supposedly “routine” vote to approve two nominees was blocked. […]
Securities Docket News Wire for April 7, 2016
Get caught up with the Securities Docket News Wire for April 7, 2016.
Former City trader claims he used journalists to beat stock market – report — RT Business
“The way it works is, I need information, they need information,” said Parvizi. “If I bought today and the Mail writes something tomorrow, the share price goes up two percent to five percent.” When asked whether he deliberately spread misleading rumors, the trader replied “Definitely, yes. I was there to help myself.” Financial Times spokeswoman Kristina […]
DOJ’s Criminal Division Launches new FCPA Pilot Program | The Anticorruption Blog
The program has three main goals: Motivate companies to voluntarily self-disclose FCPA-related misconduct Motivate companies to fully cooperate with the Fraud Section, and Remediate flaws in companies’ controls and compliance programs, where appropriate. via DOJ’s Criminal Division Launches new FCPA Pilot Program | The Anticorruption Blog
SEC Warning: It Is Watching Private Companies – The D&O Diary
The Securities and Exchange Commission is primarily concerned with public companies and the securities markets in which the shares of public companies trade. However, in a series of recent speeches and presentations as part of what the agency had called the “Silicon Valley Initiative,” the agency made it clear that it is increasingly concerned with […]
Las Vegas Sands Paying Penalty for FCPA Violations — SEC
The Securities and Exchange Commission today announced that Las Vegas Sands Corp. has agreed to pay a $9 million penalty to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) by failing to properly authorize or document millions of dollars in payments to a consultant facilitating business activities in China and Macao. via […]
Securities Docket News Wire for April 5, 2016
Get caught up with the Securities Docket News Wire for April 5, 2016.
April 19 Webcast: Law Firms Under Cyber-Siege — How Law Firms Can Manage Data Breach Risks and Thrive Amid Cybersecurity Solutions
Please join Joe Segreti and John Reed Stark for this free webcast.