On May 18, the U.S. Court of Appeals for the Fifth Circuit ruled that the SEC’s administrative proceedings are unconstitutional on three independent grounds. The decision could potentially…
In this edition of the newsletter, we discuss enforcement developments at the agencies in April 2022. The SEC filed 34 actions and the CFTC filed three (excluding follow-on actions, bars…
In a pair of speeches last week, the Assistant Attorney General of DOJ’s Criminal Division emphasized its focus on compliance and announced that he has instructed his prosecutors to…
A recent District of New Jersey ruling in the case involving alleged FCPA violations by two former Cognizant executives demonstrates the potential risks of government downloads. Judge Kevin…
Citing insufficient evidence, the Second Circuit last week reversed the fraud convictions of two bank traders for their roles in the LIBOR manipulation scandal. The case highlights…
Webinar
1.0 CA - General; NY - Professional Practice / Practice Management
Davis Polk's webinar reviews key developments in 2021 and the outlook for the year ahead in anti-corruption and FCPA enforcement and related areas. Topics include:The impact of new DOJ and…
The Biden administration issued the first United States Strategy on Countering Corruption on December 6, 2021, as directed in President Biden’s June 3, 2021, National Security Study…
On Thursday, October 28, 2021, Deputy Attorney General Lisa Monaco announced significant changes to the DOJ’s corporate enforcement program during her speech at the ABA's National Institute…
In a recent speech, PADAG John Carlin previewed DOJ’s refocused corporate enforcement efforts and priorities. He addressed a variety of topics, including an upcoming review and revision of…
The House of Representatives has passed a bill on a bipartisan basis that would be the first statute directly banning insider trading in the securities markets. The bill largely would…
