Executive Briefing - Recent Trends in the Civil and Criminal Enforcement of the Federal Securities Laws
Understanding recent SEC enforcement actions and DOJ prosecutions and how to mitigate the risk of becoming a target.
Both the SEC and the DOJ continue their aggressive prosecution of federal securities law violations. During fiscal 2011, the SEC's Division of Enforcement brought 735 enforcement cases -- more than it had ever filed in any prior fiscal year -- and obtained orders for over $2.8 billion in disgorgement and penalties. The Department of Justice was equally aggressive in 2011 in investigating and prosecuting corporate securities fraud, particularly Foreign Corrupt Practices Act and insider trading violations. In addition, the recently adopted Dodd-Frank whistleblower rules provide strong financial incentives to employees and other purported whistleblowers who report suspected misconduct to law enforcement authorities, thereby further exposing public companies to the risk of federal and state investigations.
Paul Hastings and KPMG present a panel of current and former DOJ prosecutors and SEC enforcement attorneys who will examine recent trends in the civil and criminal enforcement of the federal securities laws, current enforcement priorities of the SEC and DOJ, and ways companies and their executive officers can mitigate the risks of becoming the targets of law enforcement investigations.
This complimentary briefing will detail both the SEC's and DOJ's approach to enforcement and provide useful tips on how to avoid being a subject of an investigation in the future.
Beong-Soo KimChief, Major Frauds UnitUS Attorney's Office, Central District of California
Jessica R. PuathasnanonDirector, Advisory ServicesKPMG LLP
Thomas A. ZaccaroPartnerPaul Hastings
RSVP By Friday, February 10, 2012 to Kristi Sadler at
CLE credit pending approval.