All Regulatory Enforcement articles – Page 182
-
Blog
Few Countries Make Good on OECD Anti-Bribery Pledge
Oct. 23—Despite a 15-year-old promise to do so, many of the world’s leading economies are failing to do enough to prevent corruption and bribery. The Organization for Economic Co-operation and Development’s Anti-Bribery Convention, adopted in 1997, was a pledge by 41 countries to make foreign bribery a crime. Years later, ...
-
Blog
Lawyerless Allen Stanford Files 299-Page Brief Appealing His Conviction
"Life comes at you fast," doesn't it Allen Stanford? (Just ask MC Hammer).One day you are have a net worth of $2.2 billion, an office with its own five-star dining room, movie theater, professional kitchen and wine bar, and island nations such as Antigua are granting you knighthood. The next ...
-
Blog
Securities Docket Announces Inaugural Class of 'Enforcement Hall of Fame'
At the conclusion of Securities Enforcement Forum 2014 last week, Securities Docket announced the eight members of the inaugural class of its "Enforcement Hall of Fame." The Enforcement Hall of Fame honors the lawyers who have made the "most extraordinary contributions to, and impact upon, the field of securities ...
-
Blog
For FCPA Compliance, Don’t Forget the Internal Controls
They have been there all along, hiding in plain sight: the Foreign Corrupt Practices Act requirements for internal controls.The problem is that most compliance practitioners have not been reading them too carefully. What are internal controls in a FCPA compliance program? Aaron Murphy, a partner at Akin Gump and author ...
-
Blog
Report: Fed Knew About, Failed to Stop JPMorgan's London Whale Trades
Oct. 21—The Federal Reserve failed to act on knowledge of high-risk trading activities at JPMorgan Chase’s London investment office and should shoulder blame for a $6 billion loss the bank suffered from its ill-fated “London Whale” derivatives trades in 2012. That criticism is leveled by the Fed’s Office of Inspector ...