Rare FCPA case law provides guidance on statute of limitations and personal jurisdiction in civil enforcement cases against foreign defendants *

USA - February 28 2013
Two recent decisions in the Southern District of New York together shed new light on when US federal courts will exercise personal jurisdiction over…

Co-authors: Maria A. Barton, Tyler U. Nims.

SEC issues risk alert regarding “pay-to-play” rules *

USA - September 20 2012
On August 31, 2012, the Securities and Exchange Commission’s (the SEC) Office of Compliance Inspections and Examinations (OCIE) issued a National Examination Risk Alert (the Risk Alert) that made clear that OCIE has some significant concerns about firms’ compliance with Municipal Securities Rulemaking Board (MSRB) Rule G-37, the so-called “Pay-to-Play” rule.

Co-authors: Nathanael B. Yale, Stephen P. Wink, Christopher J. Clark.

District Court ruling paves the way for more “negligent securities fraud” enforcement actions under Sections 17(a)(2) and (3) of the Securities Act *

USA - July 3 2012
Last year, the Wall Street Journal predicted that the SEC “could file more civil cases in which defendants are accused of negligence only, rather than harder-to-prove charges of intentional wrongdoing or recklessness”.

Co-authors: Sarah M. Lightdale.