On June 22, 2020 the Department of Justice Antitrust Division (Antitrust Division) and the Securities and Exchange Commission (SEC) announced that they had signed an interagency Memorandum of Understanding (MOU) to allow for more cooperation and communication between the two
Investigations and Enforcement Blog
The Investigations and Enforcement Blog, published by Steptoe LLP, focuses on legal developments related to government investigations, enforcement actions, and compliance issues. It covers topics such as national security enforcement, export controls, anti-corruption measures, employee privacy laws, and regulatory compliance across various jurisdictions. The blog discusses enforcement strategies by U.S. agencies, legislative changes affecting employer investigations, and international compliance rankings. It also addresses the intersection of technology and national security, including export restrictions on disruptive technologies and related prosecutions. The content is relevant for legal professionals monitoring enforcement trends and regulatory updates in investigations and compliance.
Latest from Investigations and Enforcement Blog - Page 9
Ramped-Up Powers, Performance Anxiety and Political Pressure: A Perfect Storm for UK Law Enforcement Agencies?
By Zoe Osborne & Peter Ibrahim
Amongst those who operate or act (whether voluntarily or not) within global law enforcement arenas, there has long been a tendency in some quarters to view the UK law enforcement landscape with less trepidation than that in the US.[1]…
US Export Controls and Economic Sanctions Investigations: The Perils of Parallel Proceedings (Part 1 of 5)
Facing an enforcement action arising from potential violations of US export controls and economic sanctions may mean a battle on two, if not three or four, fronts. Multiple agencies within the US government are responsible for oversight and enforcement of…
The FIFA Bribery Case: US Jurisdiction Over Predominantly Foreign Conduct?
The Second Circuit’s latest opinion in the FIFA bribery investigation – United States v. Napout (United States v. Napout, Nos. 18-2750 (L), 18-2820 (Con), __ F.3d__, 2020 WL 3406620 (2d Cir. June 22, 2020)) – wades into the murky waters…
Kokesh’s Open Question Resolved: SCOTUS Upholds but Limits Equitable Disgorgement in SEC Civil Actions
On June 22, the US Supreme Court weighed in on a question it explicitly left open in Kokesh v. SEC – whether, and to what extent, the Securities and Exchange Commission (SEC) in a civil enforcement action may seek “disgorgement”…
DOJ Antitrust Division Enters into Another DPA with a Healthcare Company
The US Department of Justice (DOJ) Antitrust Division recently issued a deferred prosecution agreement (DPA) to Florida Cancer Specialists & Research Institute (FCS), an oncology center in Florida. FCS admitted to allocating medical and radiation oncology treatments provided to cancer…
The Rise and Rise of the NYAG
Remarkably, we issued the advisory notice below a decade ago to serve as a guide for avoiding and managing the most sensitive matters before increasingly ambitious US state prosecutors – guidance that, following years of public corruption, pay-to-play and other…
Securities Enforcement Activity in the COVID-19 Era: A Backstop to Private Securities Litigation
Securities litigation and enforcement activity often surge in times of crisis. Indeed, bedrock federal securities regulations were borne out of an extended crisis: the stock market crash of 1929 and the decade-long Great Depression that followed.
COVID-19 has already set…
Key Investigation and Compliance Take-Aways from May 20, 2020 DOJ, SEC, and FBI Joint Town Hall Discussing FCPA and Healthcare Fraud Enforcement Efforts During COVID-19 Emergency
On May 20, 2020, panelists from the DOJ, SEC, and FBI participated in a virtual town hall to discuss the state of play of FCPA and healthcare fraud enforcement as the United States and the rest of the world navigate…
Incentives for Self-Reporting and Cooperation
Steptoe partners Lucinda Low and Brittany Prelogar co-authored the chapter “Incentives for Self-Reporting and Cooperation” in Negotiated Settlements in Bribery Cases: A Principled Approach. This book, written by legal and policy professionals and academics, and published by Edward Elgar Publishing, analyzes…