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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

SEC’s New Admission Policy: What it Means for FCPA Cases

In 2012, the SEC announced that it would no longer enter into “neither admit nor deny” settlements with companies or individuals who had admitted relevant facts in parallel DOJ dispositions. Since then, the SEC has made good on that promise by requiring such factual admissions in resolving FCPA cases, but only to the extent covered by the DOJ pleadings — implicitly leaving other allegations under the usual neither admit nor deny approach.… Continue Reading

China Corruption Blotter (August 6, 2013)

Cai Feng, former medical insurance division chief at the Human Resources and Social Security Bureau of Wenzhou (Zhejiang province), was tried for taking $18,248 in bribes from local hospitals and drug stores seeking medical insurance contracts.Continue Reading

They even make ‘Ugly Americans’ look good

. . . Chinese tourists have usurped Americans as the tourists everyone complains about—in Paris there’s reportedly a Chinese language-only order that warns people not to defecate or urinate on the museum grounds and a hotel opening up that says Chinese tourists are not welcome; in Singapore, Chinese tourists are chastised for talking too loud; in Chiang Mai, Thailand buddhist monks have a hard time explaining rules to them; in Egypt there was the Chinese tourist who carved his name into the Luxor temple; and in China itself there are stories of zoo-goers abusing animals.… Continue Reading