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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

Cannabis-Related Due Diligence: What are the red flags for corruption?

As long as U.S. federal law enforcement priorities remain the same, licensed cannabis operators are unlikely to be prosecuted if they are completely compliant with state laws. However, if the DOJ or state regulators discover that a license was acquired through corrupt means, the license will not provide any protection.… Continue Reading

TechnipFMC pays SEC $5 million to settle FCPA violations

TechnipFMC plc paid the SEC $5 million Monday to settle FCPA offenses related to bribing Iraqi officials to win business with state-owned oil companies.

The London-headquartered oil and gas company disgorged $4.3 million plus pre-judgment interest of $735,000 to the SEC. Continue Reading

Overseas whistleblower awarded $4 million

The Securities and Exchange Commission awarded an overseas whistleblower $4 million for “extensive assistance” resulting in a successful action, the agency said Monday. 

Chief of the SEC’s Office of the Whistleblower Jane Norberg said, “Whistleblowers, whether they are located in the United States or abroad, provide a valuable service to investors and help us stop wrongdoing.”… Continue Reading

How are FCPA investigations disclosed?

FCPA investigations are usually disclosed either through SEC filings, agency releases, or company statements. 

While SEC filings are the most common, 27 investigations have been disclosed by agency releases and 32 by company statements.… Continue Reading

SEC names new boss of FCPA unit

The Securities and Exchange Commission said Thursday that Charles Cain is the new Chief of the Enforcement Division’s Foreign Corrupt Practices Act Unit.

Cain has served as Acting Chief of the FCPA Unit since April 2017.… Continue Reading

SEC discloses hack of Edgar

The U.S. Securities and Exchange Commission said Wednesday hackers broke into its electronic document storage system last year.

The hackers may have traded on information they found, the SEC said.

SEC chairman Jay Clayton issued a long statement Wednesday about the SEC’s cybersecurity.… Continue Reading