• Crime Fiction,  Deferred Prosecution Agreements,  Grand Jury,  Lawyers,  Poetry,  SEC,  Style and Grammar

    The Freedom of Little Joe Cartwright: Tax Crime, Edgar Allan Poe, Noir Film and Lacrosse

    Notes for the week. Prosecuting Individuals Federal criminal tax lawyer Jack Townsend blogs at Federal Tax Crimes.  Here is his note on Prosecuting Corporate Employees, particularly in the tax context: I have previously blogged on Professor Brandon Garrett (UVA Law) who have carved out an academic niche on how the Government deals with corporate crime, particularly large corporate crime (the too big to jail group). See e.g., Judge Jed Rakoff Reviews Brandon Garrett’s Book on Too Big to Jail: How Prosecutors Compromise with Corporations (Federal Tax Crimes Blog 2/10/15), here. At the risk of oversimplifying his arguments, I summarize them in part relevant to this blog entry: When the Government goes…

  • SEC,  Securities Fraud

    SEC Game-Time Program

    Can’t tell the players without a program.   This is a handy graphic guide (via @WSJ) to the persons, entities, events and outcomes in SEC enforcement related to the financial crisis.

  • Compliance,  SEC

    SEC Goes To Bat For Misled Compliance Officer

    From The Wall Street Journal Risk & Compliance blog (and Samuel Rubenfeld @srubenfeld):  Good news for corporate compliance officers whose officers or employees lie to them or mislead them:  SEC Stands Up For Compliance Officers  The Securities and Exchange Commission took the side of compliance officers — after a Colorado-based investment adviser was caught lying to one.   Earlier this week, the SEC said its own probe found that Carl Johns, an investment adviser in Louisville, Colo., concealed several hundred trades in his personal accounts after failing to report them by altering brokerage statements and other documents. He later created false documents that purported to be pre-trade approvals, and misled…

  • Fifth Amendment,  Insider Trading,  Legal Education,  SEC,  Securities Fraud

    Complimentary One-Day Financial Services CLE SuperCourse in NYC

    If you are in the New York area, this is an excellent source of free CLE: Network of Trial Law Firms Financial Services CLE Supercourse When?  Friday, September 20, when experienced financial services practitioners from across the U.S. and Canada convene in New York City.  Breakfast and lunch at the City Bar Building (44th St. near Sixth Ave.) are included.  Presentations are short (20 minutes each). Sign-up?  on-line. Why? I admit it —  I’m speaking (actually, I’m leading a breakout session on “White-Collar Crime.”). Topics: Litigating against FINRA and the SEC 18 USC 1519: The Changing Face of Obstruction Traditional and Alternative Products: Suitability and Supervisory Issues FINRA Arbitration –…