Compliance Bricks and Mortar for February 10

These are some of the compliance-related stories that recently caught my attention.



This is on my mind thanks to a recent column in the legal blog Above the Law, “Is Trump the End of FCPA Enforcement?” The author, a white-collar defense lawyer, speculated about the need for all this attention to corporate bribery and FCPA enforcement. [More…]

Uncertainty Looms Over SEC Enforcement Staff by Sean T. Prosser in Perkins Coie’s White Collar Briefly

The air of uncertainty was palpable as current and former members of the U.S. Securities and Exchange Commission’s (SEC) Division of Enforcement spoke at the Securities Regulation Institute’s 44th Annual Conference in Coronado, California earlier this week. Important questions went largely unanswered about the impact of the recent resignations of both SEC Chair Mary Jo White and Enforcement Director Andrew J. Ceresney, and the future direction of the enforcement program under the new presidential administration and proposed SEC Chair Jay Clayton. SEC Enforcement staff in attendance steered clear of prognostications, and instead used the conference as an opportunity to reiterate the agency’s ongoing enforcement initiatives and successes from the past year. [More…]

The Nuts & Bolts of SEC Investigations & Enforcement by Ted Carleton and Tammy Yuen of the Skarzynski Black law firm and John Sikora of the Latham & Watkins in the D&O Diary

The scope and process of the Commission’s activities can be confusing and opaque to practitioners who do not frequently encounter these procedures. This article provides a basic outline of the Commission’s process and protocols with respect to investigations and enforcement proceedings, and highlights some current issues relevant to parties who may become enmeshed in a regulatory action, as well as to the D&O or other professional liability carriers who may provide insurance for the legal fees incurred in such an action. This article also looks ahead to possible changes that may occur under the new Trump administration. [More…]

Kellyanne Conway tells America to ‘buy Ivanka’s stuff,’ may have violated federal law

Your taxpayer dollars just paid for a “free commercial” for the President’s daughter’s business. [More…]