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
CHS Inc. disclosed in an SEC filing Monday that it self-reported possible FCPA violations related to Mexican customs payments.
The Minnesota-based agriculture company said in a 10-K that it voluntarily disclosed the potential violations to the DOJ and SEC.… Continue Reading
Vantage Drilling International agreed to disgorge $5 million to the SEC Monday to settle FCPA internal accounting controls offenses related to drilling services contracts with Petrobras.
The SEC settled the case with an internal administrative order (pdf) and didn’t go to court.… Continue Reading
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
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
Charles Cain, chief of the SEC’s FCPA unitThe SEC has a new chief to enforce the FCPA. His name is Charles Cain. And what’s important to him is leveling the playing field.… Continue Reading
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
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
The Securities and Exchange Commission Tuesday fined a chief compliance officer for failing to verify information provided by an investment adviser that turned out to be false.
David I. Osunkwo was fined $30,000 and suspended for a year from certain jobs related the investment adviser and securities industry.… Continue Reading
U.S. Federal District Judge Jed S. RakoffA three-judge panel of the United States Court of Appeals for the Second Circuit ruled Wednesday that Judge Jed S. Rakoff made a mistake when he rejected a negotiated settlement between the SEC and Citigroup three years ago.… Continue Reading
The Securities and Exchange Commission on Monday issued guidance on the conflict-minerals disclosure requirements contained in the Dodd-Frank Act.
The SEC’s answers to frequently-asked questions from registered companies focused on the scope of corporate disclosure requirements in conflict-minerals reports and the role of independent auditors.… Continue Reading
Mary Jo White, chairman of the Securities and Exchange Commission, sat last month for a terrific interview with C-SPAN founder Brian Lamb as part of its Q&A series.
As Robert Feinberg of Money News said, “Lamb is one of the best interviewers in the business, and he was at his best for this program.… Continue Reading
The U.S. Securities and Exchange Commission’s (SEC) may finally be winning its long battle to convince China to hand over audit papers of companies under investigation in the U.S.
The China Securities Regulatory Commission has handed over audit documents produced by Chinese affiliates of Ernst & Young, Deloitte Touche Tohmatsu International and KPMG, and promised to provide work papers related to clients of Ernst & Young and PwC.… Continue Reading
