Two former executives of U.S. broker-dealer Direct Access Partners (“DAP”) – Benito Chinea, the former CEO, and Joseph DeMeneses, a former managing director – each were sentenced to four years in prison for their roles in a scheme to pay bribes to a senior official of Venezuela’s state economic development bank to induce her to direct business to the broker-dealer. See Press Release, Office of Pub. Affairs, U.S. Dep’t of Justice, CEO and Managing Director of US Broker-Dealer Sentenced for International Bribery Scheme (Mar. 27, 2015). Chinea and DeMeneses also must forfeit approximately $3.63 million and $2.67 million, respectively, amounts equal to their earnings from the scheme. According to court documents, Chinea and DeMeneses, together with three other DAP employees, arranged for payments to the Venezuelan official from 2008 to 2012 to be routed through “foreign finders” and deposited into offshore bank accounts. During that period, DAP generated more than $60 million in commissions from trades with the Venezuelan bank. FCPA enforcement actions involving the financial services industry remain relatively rare, but many observers believe that they will increase in the coming years.