Corporate Counsel Webseries: Securities Enforcement Trends – SEC and DOJ Respond to the Crisis

Public outcry resulting from the ongoing financial market turbulence and corresponding loss of investor confidence has given the US Department of Justice (DOJ) and the US Securities and Exchange Commission (SEC) a clear mandate to bring to justice the individuals and firms that contributed to the current crisis. Taking advantage of new leadership and resources to try to restore domestic and international trust in our national markets, these agencies are responding to this call to action by reinvigorating their approaches to investigation and enforcement.Please join Suzanne McDermott, Chief Compliance Officer and Associate General Counsel of Halcyon Asset Management LLC, and Bruce Bettigole and Sean Casey, both formerly with the DOJ and the SEC and now partners in Mayer Brown’s Securities Enforcement & Investigations group, for a discussion of recent developments in securities enforcement, including:

• An introduction to the administration’s new regulators and prosecutors who will be aggressively leading the charge to investigate and prosecute securities law violations.
• The key enforcement areas where the government will be focused, including the causes of the sub-prime crisis, Ponzi schemes, the Foreign Corrupt Practices Act, and institutional insider trading.
• What the reinvigorated enforcement approach could mean to the hedge fund industry.
• The parallel investigation approach that the DOJ and SEC will take as they combine forces to respond to the public demand for a rigorous enforcement regime.

Register here.