On July 24, 2024, the Consumer Financial Protection Bureau (CFPB) issued guidance putting financial regulators and employers on notice that requiring employees to sign broad confidentiality or nondisclosure agreements that...more
8/5/2024
/ CFTC ,
Commodity Exchange Act (CEA) ,
Confidentiality Agreements ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Department of Justice (DOJ) ,
Dodd-Frank ,
Enforcement ,
Financial Services Industry ,
Non-Disclosure Agreement ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Whistleblower Protection Policies ,
Whistleblowers
The Commodity Futures Trading Commission (CFTC) has joined the list of federal agencies targeting employment nondisclosure agreements and other restrictive covenants that allegedly restrict employees from making reports to...more
7/26/2024
/ CFTC ,
Civil Monetary Penalty ,
Commodities Traders ,
Commodity Exchange Act (CEA) ,
Confidentiality Agreements ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Material Nonpublic Information ,
Misappropriation ,
Non-Disclosure Agreement ,
Oil & Gas ,
Popular ,
Restrictive Covenants ,
Securities and Exchange Commission (SEC) ,
Settlement ,
Whistleblower Protection Policies ,
Whistleblowers
The National Collegiate Athletic Association (NCAA) will stop enforcing rules restricting Division I athletes from transferring from one institution to another under a consent judgment filed in an antitrust lawsuit brought by...more
6/11/2024
/ Anti-Competitive ,
Antitrust Violations ,
College Athletes ,
Colleges ,
Consent Order ,
Department of Justice (DOJ) ,
Name and Likeness ,
NCAA ,
Residency Requirements ,
Student Athletes ,
Transfers ,
Universities
On April 15, 2024, the U.S. Department of Justice (DOJ) Criminal Division launched a new pilot program to enable whistleblowers to avoid prosecution when they voluntarily report new information to federal law enforcement...more
On March 7, 2024, Deputy Attorney General Lisa Monaco said that the U.S. Department of Justice (DOJ) will test out a program to pay whistleblowers if they provide information on serious financial crimes and foreign and...more
3/14/2024
/ Acquisitions ,
Biden Administration ,
CFTC ,
Compliance ,
Corporate Crimes ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Due Diligence ,
Federal Pilot Programs ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
IRS ,
Mergers ,
Pilot Programs ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Self-Reporting ,
Successor Liability ,
Voluntary Disclosure ,
Whistleblower Awards ,
Whistleblowers ,
White Collar Crimes
The U.S. Department of Justice (DOJ) is offering more lenient treatment to companies that voluntarily self-disclose misconduct of a company being acquired that comes to light during a mergers and acquisitions (M&A)...more
10/18/2023
/ Acquisitions ,
Antitrust Division ,
Compliance ,
Cooperation ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Due Diligence ,
Enforcement ,
Mergers ,
Policy Statement ,
Safe Harbors ,
Voluntary Disclosure
A New Jersey federal court has ruled that a company’s self-disclosure of potential Foreign Corrupt Practices Act (FCPA) violations did not render the company a state actor, allowing evidence obtained by its internal...more
9/14/2023
/ Admissibility ,
Cooperation ,
Corporate Executives ,
Corporate Misconduct ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Employee Misconduct ,
Foreign Corrupt Practices Act (FCPA) ,
Former Employee ,
Internal Investigations ,
Self-Disclosure Requirements ,
Yates Memorandum
U.S. attorneys for the Southern District of New York and for the Eastern District of New York Damian Williams and Breon Peace recently announced a new policy that sets national standards for when corporations will receive...more