On June 9, 2025, Deputy Attorney General Todd Blanche issued a memorandum (the DAG memorandum) updating the Department of Justice’s (DOJ) enforcement guidelines for the Foreign Corrupt Practices Act (FCPA) in accordance with...more
6/12/2025
/ Bribery ,
Corporate Misconduct ,
Corruption ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Enforcement Priorities ,
Executive Orders ,
Foreign Corrupt Practices Act (FCPA) ,
National Security ,
Trump Administration ,
White Collar Crimes
The new administration has signaled that the Department of Justice (“DOJ”) will significantly shift its approach to criminal corporate enforcement. Specifically, on February 5, 2025, newly-confirmed United States Attorney...more
2/14/2025
/ Anti-Money Laundering ,
Corporate Governance ,
Corporate Misconduct ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Executive Orders ,
Financial Institutions ,
Foreign Corrupt Practices Act (FCPA) ,
Money Laundering ,
Regulatory Agenda ,
Regulatory Reform ,
Trump Administration
Although the scope of federal antitrust enforcement under the second Trump administration remains uncertain, the Procurement Collusion Strike Force (PCSF) is expected to remain active. The PCSF, which was started by the first...more
2/12/2025
/ Antitrust Division ,
Antitrust Provisions ,
Antitrust Violations ,
Bribery ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Contractors ,
Federal Procurement Systems ,
Federal Trade Commission (FTC) ,
Monopolization ,
Price-Fixing ,
Procurement Guidelines ,
Public Procurement Policies ,
Sherman Act ,
Trump Administration
In the wake of recent federal directives diminishing the Consumer Financial Protection Bureau (CFPB), state authorities are increasingly stepping in to uphold consumer protections. Michigan Attorney General Dana Nessel has...more
2/12/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
Financial Regulatory Reform ,
Overdraft Fees ,
Popular ,
Regulatory Oversight ,
Regulatory Requirements ,
State Attorneys General ,
State Regulators ,
Unfair or Deceptive Trade Practices
In his first two weeks back in office, President Donald Trump signaled his administration will impose new tariffs as part of his economic agenda, urging businesses to comply with U.S. trade policies to avoid severe penalties...more
2/3/2025
/ Canada ,
China ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Export Controls ,
Exports ,
False Claims Act (FCA) ,
Foreign Relations ,
Foreign Trade Regulations ,
Imports ,
International Trade ,
Mexico ,
Regulatory Reform ,
Supply Chain ,
Tariffs ,
Trump Administration ,
U.S. Commerce Department
South Carolina-based consumer lender World Acceptance Corporation announced recently that it had earmarked $21.7 million to resolve a Securities and Exchange Commission (SEC) probe into its compliance with the Foreign Corrupt...more
6/3/2020
/ Anti-Bribery ,
Books & Records ,
Bribery ,
Consumer Lenders ,
Criminal Penalties ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Services Industry ,
Foreign Corrupt Practices Act (FCPA) ,
Internal Investigations ,
Popular ,
Securities and Exchange Commission (SEC)
The U.S. Department of Education (DOE) recently announced that it is launching an investigation into the foreign gifts reporting practices of two higher education institutions. ...more
2/28/2020
/ Colleges ,
Conflicts of Interest ,
Corruption ,
Department of Education ,
Educational Institutions ,
Enforcement Actions ,
Ethics ,
Failure to Comply ,
Failure to Report ,
Federal Funding ,
Gifts ,
Government Investigations ,
Higher Education Act ,
Regulatory Requirements ,
Reporting Requirements ,
Title IV ,
Transparency ,
Universities ,
White Collar Crimes
A Textbook Case of Alleged Money Laundering?
On November 18, 2019, the U.S. Attorney for the Southern District of New York announced the arrest and unsealed the indictment of Bruce Bagley – a 73-year-old college professor...more
11/26/2019
/ Bribery ,
Corruption ,
Criminal Conspiracy ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Embezzlement ,
Enforcement Actions ,
Foreign Bank Accounts ,
Indictments ,
Money Laundering ,
Public Projects ,
Public Works ,
Swiss Banks ,
Venezuela ,
White Collar Crimes
The U.S. Department of Justice-Criminal Division recently updated its internal guidance to federal prosecutors for evaluating corporate compliance programs....more
5/16/2019
/ Anti-Bribery ,
Anti-Corruption ,
Bribery ,
Compliance ,
Corporate Misconduct ,
Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
White Collar Crimes
In a highly anticipated speech to the New York City Bar White Collar Crime Institute this morning, Deputy Attorney General Rod Rosenstein announced two new Department of Justice (DOJ) policies...more
A federal grand jury in Chicago recently indicted high-frequency trader Michael J. Coscia for “spoofing,” making it the first criminal case ever brought under the Dodd-Frank Act’s rules against disruptive trading practices....more
10/6/2014
/ CFTC ,
Consent Order ,
Criminal Prosecution ,
Disruptive Trading Practices ,
Dodd-Frank ,
Enforcement Actions ,
High Frequency Trading ,
Indictments ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Spoofing