Daily Archives: February 2, 2017, 11:40 am

2016 Year-End Securities Enforcement Update — HLS

Any attempt to assess the past six months is undeniably going to be overshadowed by what lies ahead. The change in administration is likely to be as tumultuous and unpredictable for the SEC as for any other federal agency, and the differences between the enforcement priorities under Chair Mary Jo White and Enforcement Division Director Andrew Ceresney and those of…

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Deutsche Boerse chief investigated for alleged insider trading — Irish Times

German police and prosecutors investigating possible insider trading by the head of Deutsche Boerse have searched the office and apartment of the man who is leading a planned merger with the London Stock Exchange. State prosecutors in Frankfurt said the investigation centred on whether secret merger talks with the London Stock Exchange were under way when Deutsche Boerse chief executive…

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Serious Fraud Office Makes Big Splash with UK Bribery Act Resolution with Rolls Royce | Michael Volkov – JDSupra

Rolls Royce agreed to a $800 million global settlement, including 497 million sterling under a deferred prosecution agreement (DPA) (DPA) with the UK SFO; $169 million under a DPA with the Justice Department; and approximately 25 million to Brazilian authorities for bribery committed in Brazil. The UK Bribery Act settlement is the largest earned by the SFO and underscores risks…

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Post-Leak, Prosecutors Move to Preserve Insider Trading Indictment | New York Law Journal

An FBI agent’s systematic leaks about a grand jury investigation should not jeopardize the insider trading indictment against Las Vegas sports gambler William “Billy” Walters, prosecutors argue. Defending its handling of admitted leaks by FBI Supervisory Special Agent David Chaves, the government has asked Southern District Judge Kevin Castel to reject a dismissal motion made by Walters’ defense team. via…

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