In this C&G Client Alert, Melissa H Maxman, Ronald F Wick, Erica Lai, and Danielle Morello discuss the U.S. Department of Justice's (DOJ) announcement that it will now consider crediting companies for “robust” compliance programs at the charging stage of criminal antitrust investigations. This signals a reversal of the DOJ’s longstanding policy of allowing substantial penalty reductions only for “early-in” whistleblowers.
The law of insider trading has long been criticized as lacking clear standards for what constitutes a violation. Unlike many aspects of federal securities regulations, insider trading is not defined by statute or regulation. Instead, the contours of this complex area have for decades been drawn by shifting and sometimes conflicting judicial interpretations of the anti-fraud provisions of the Securities Exchange Act of 1934 and related rules.
In May, Congress took a big step toward clarifying this area of the law, when the Financial Services Committee of the U.S. House of Representatives unanimously approved the Insider Trading Prohibition Act. If the bill becomes law, it would simplify an inherently complex area, but might also lead to regulators and prosecutors bringing more insider trading cases.
Lawrence T Gresser and Marvin J Lowenthal highlight the ways in which artificial intelligence may affect the law firms of the future in their most recent article for the New York Law Journal.
C Evan Stewart examines the U.S. Supreme Court decisions in the Gold Clause cases of the 1930s in his latest Legal History column for the Federal Bar Council Quarterly.
Miriam González Durántez writes article for the Financial Times about the upcoming Spanish election.
Ronald F Wick discusses the implications of the Federal Trade Commission's plans to create a new task force focused on monitoring competition in U.S. technology markets in his latest C&G Client Alert.
Miriam González and John W Gibson discuss the deal and no-deal implications for finance and sanctions following a “Brexit” in The Law Society Gazette.
John W Gibson, Miriam González Durántez, and Robert Hammond discuss the parallels between the early enforcement of the Bribery Act 2010 and the U.K. Office of Financial Sanctions Implementation's first monetary penalty.
Miriam González examines U.K. trade deals following a "Brexit" in her latest C&G Client Alert.
Partner C Evan Stewart explores the ethical and legal questions that have challenged attorney-client privilege throughout the years.
Reprinted with permission from: NY Business Law Journal, Winter 2018, Vol. 22, No. 2, published by the New York State Bar Association, One Elk Street, Albany, NY 12207.
Partner C Evan Stewart examines Lorenzo v. S.E.C. in his latest article for the New York Law Journal.
Jeffrey M Bronheim, John W Gibson, and Rob Hammond discuss the implications of the Financial Conduct Authority’s decision to review hedge fund polling data use in their latest C&G Client Alert.
Jonathan S Abernethy, S Gale Dick, and Christian R Everdell authored an article titled “The Department of Justice’s new ‘piling on’ policy” for the International Bar Association’s October 2018 Criminal Law and Business Crime Newsletter.
This article first appeared on the website of the Criminal Law Committee of the Legal Practice Division of the International Bar Association, and is reproduced by kind permission of the International Bar Association, London, UK. © International Bar Association.
C Evan Stewart examines the legal questions around Chappaquiddick in his latest Legal History column for the Federal Bar Council Quarterly.