All Securities and Exchange Commission articles – Page 67
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Blog
Mondelez International to pay $13M in FCPA case
Mondelez International, a beverage and snack-food company, has agreed to pay $13 million in civil penalties to the Securities and Exchange Commission for violations of the Foreign Corrupt Practices Act. Jaclyn Jaeger reports.
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SEC issues $5.5 million whistleblower award
The SEC has awarded more than $5.5 million to a whistleblower who provided critical information that helped the SEC uncover an ongoing scheme. Jaclyn Jaeger reports.
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FINRA details 2017 examination priorities
The Financial Industry Regulatory Authority has released its annual “Regulatory and Examination Priorities Letter,” an overview of areas it plans to focus on in 2017 exams. More from Joe Mont.
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Teva to pay $519M to settle FCPA charges
Teva Pharmaceutical Industries will pay $519 million to settle charges that it violated the FCPA; while global construction company Odebrecht and petrochemical company Braskem (both based in Brazil) will pay a combined penalty of $3.5 billion to settle the largest foreign bribery case in history. Jaclyn Jaeger reports.
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Odebrecht, Braskem to pay record $3.5B in global bribery case
Global construction company Odebrecht, based in Brazil, and Brazilian petrochemical company Braskem pleaded guilty yesterday and agreed to pay a combined total penalty of at least $3.5 billion—the largest foreign bribery case in history, according to the U.S. Department of Justice. Jaclyn Jaeger has more.
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SEC charges two companies in whistleblower cases
For the first time ever, the SEC yesterday charged a company for retaliating against an internal whistleblower. It also marks the second enforcement action this week against a company that impeded an employee from communicating with the SEC. Jaclyn Jaeger reports.
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SEC enforcement trends to watch in 2017
Jaclyn Jaeger recaps a record-breaking year for SEC enforcement activity, and what to expect in the year ahead.
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White’s SEC departure inspires reflection, fear of ‘midnight regulations’
Chairman Mary Jo White’s pending departure from the SEC has inspired a look back at her accomplishments and encouraged advice for her successors. Joe Mont reports.
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What President Trump means for regulation and regulators
A Trump administration promises to roll back the SEC, the CFPB, Dodd-Frank, and Obamacare. But that is all much easier said than done, reports Joe Mont.
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SEC debates regulatory approach to FinTech
The need to balance FinTech innovations with investor protections was the underlying message at a day-long forum held by the Securities and Exchange Commission on Nov. 14. Joe Mont reports.
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Rare FCPA action puts financial services firms on notice
Thanks to wayward hedge fund Och-Ziff, the entire finserv world might face an FCPA sweep. Compliance officers, take note. Jaclyn Jaeger reports.
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SEC announces agenda, panelists for FinTech forum
The SEC will hold a daylong forum on the evolving use of FinTech in financial services and what it may mean for investors.
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Kara Stein: A vision for data at the SEC
SEC Commissioner Kara Stein has renewed calls to create an Office of Data Strategy that would be tasked with coordinating the creation of a data strategy addressing how the SEC collects, manages, uses, and provides data. Jaclyn Jaeger reports.
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SEC introduces whistleblower 'pretaliation' to financial firm exams
The Securities and Exchange Commission's hunt for whistleblower “pretaliation” will now be a part of its nationwide examination and inspection program for financial firms.
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SCOTUS, Congress to provide new legal insider-trading definition
A case before the Supreme Court and two bills in Congress could finally establish a national legal definition for insider trading. Joe Mont reports.
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SEC brings more bank-like regulation to mutual funds
Mutual funds and ETFs face new disclosure requirements and redesigned liquidity risk management programs under a new SEC rule targeting systemic risk. Joe Mont has more.
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Embraer to pay $205M to resolve FCPA charges
Brazilian aircraft-company Embraer today reached a $205 million combined settlement with the Department of Justice, the Securities and Exchange Commission, and Brazilian authorities to resolve allegations of criminal and civil violations of the Foreign Corrupt Practices Act. Jaclyn Jaeger has more.
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New OSHA guidelines take aim at whistleblower ‘gag’ provisions
For companies seeking to settle with OSHA, getting rid of any internal provisions that stifle whistleblowing is a must. Jaclyn Jaeger reports.
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Embraer nears end of FCPA case
Brazilian aircraft-company Embraer said this week that it is seeking to finalize agreements with the Department of Justice and the Securities and Exchange Commission to resolve allegations of criminal and civil violations of the Foreign Corrupt Practices Act. Jaclyn Jaeger reports.
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Former SEC Associate Regional Director joins WilmerHale
Lorraine Echavarria, the former head of enforcement in the Securities and Exchange Commission's Los Angeles office, has joined WilmerHale's securities litigation and enforcement practice as a partner based in WilmerHale's Los Angeles office.