ABA Securities Midwest Regional Meeting and CLE Workshop

Slides:

Advertisements

Similar presentations

II. MARKET REGULATION. A. Government Regulation 1.Securities and Exchange Commission (SEC) – oversees the national securities industry, enforcing laws.

Advertisements

Putting Investors First The Role of State Securities Regulators North American Securities Administrators Association.

Chapter 19-Securities Securities Regulation Public Offerings of New Securities. zWhen “going public” there are many different types of securities that.

Keeping Energy Companies Out of Trouble- Dealing with the SEC Ethical Dilemmas, and Avoiding Criminal Liability Charles Parker Locke Liddell & Sapp LLP.

GREENBERG TRAURIG, LLP | ATTORNEYS AT LAW | ©2013 Greenberg Traurig, LLP. All rights reserved. Application of the Federal Securities Laws.

© Copyright 2014 by K&L Gates LLP. All rights reserved. Municipalities Continuing Disclosure Initiative and Electronic Municipal Market Access.

Chapter Twelve Financial Reporting and the Securities and Exchange Commission Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction.

Sarbanes-Oxley Act. 2 What Is It? Act passed by Congress in response to the recent and continuing corporate scandals. Signed into law July 30, Established.

1. 2 CVM’s OBJECTIVES u to stimulate the creation of savings and their investment in securities; u to promote the expansion and regular and efficient.

© The McGraw-Hill Companies, Inc., 2004 Slide 12-1 McGraw-Hill/Irwin Chapter Twelve Financial Reporting and the Securities and Exchange Commission.

Laws and Agencies that Provide Financial Safeguards Consumer Protection.

I. Disclosure A. Healthy capital markets based on disclosure of financial information B. Securities regulation 1. definition of security 2. ethical issues.

Homeland Security Investigations Seeks to uphold our national security by targeting illicit:  Trade  Travel  Finance.

Regulation of Markets & Securities in the United States By Jean-Christophe Turgeon, Bethany Wood, Zhe Wu and Xiaolu Zhu.

The Many Faces of Disclosure

Microsoft Corporation John Connors Chief Financial Officer January, 2004.

© 2005 West Legal Studies in Business, a division of Thompson Learning. All Rights Reserved.1 PowerPoint Slides to Accompany The Legal, Ethical, and International.

Section 12-2-Regulatory Agencies and Laws.   These agencies make or enforce rules and regulations  Agencies provide oversight or supervision of activities.

Issuing Bonds – The Process and the Role of the Registered Municipal Advisor 2013 Michigan Community College Business Officers Association July 25, 2013.

6 Months Since Sarbanes/Oxley 259 criminal actions in FY2002 by 30 different U.S. Attorney's Offices and DOJ for securities-related offenses or obstruction.

Regulatory Roundup: 2014 Examination Priorities Presented by: Erika Subieta, J.D extension 216 National Compliance.

Chapter Twelve Financial Reporting and the Securities and Exchange Commission Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction.

The Global Regulatory Environment Randy Kraft, Partner.

CHAPTER 18 SECURITIES AND EXCHANGE COMMISSION REPORTING.

OUTLINE Introduction Background of Securities Regulation Objective of Securities Regulation Violations under the Securities Industry Law The Securities.

Prentice Hall © PowerPoint Slides to accompany The Legal Environment of Business and Online Commerce 5E, by Henry R. Cheeseman Chapter 27 Investor.

Regulation U. S. “Public Companies” must register with the Securities & Exchange Commission (SEC).

Internet Fraud Complaint. Internet fraud refers to any type of frauds that take place due to the use of internet.

Business Law and the Regulation of Business Chapter 40: Securities Regulation By Richard A. Mann & Barry S. Roberts.

CReCER Meeting Managua 2012 Bruce Overton, Assistant Director Office of International Affairs.

McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 16 Regulation of Securities, Corporate Governance, and.

Recent SEC Staff Observations on XBRL Submissions by Corporate Issuers Scott W. Bauguess Deputy Chief Economist U.S. Securities and Exchange Commission.

Comprehensive Volume, 18 th Edition Chapter 48: Securities Regulation.

© 2013 The McGraw-Hill Companies, Inc. All rights reserved. Chapter 23 Securities Regulation 1 Copyright © 2016 McGraw-Hill Education. All rights reserved.

The U.S. Securities and Exchange Commission (SEC).

Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall.17-1 Chapter 17 Investor Protection and E- Securities Transactions.

Overview of the SEC Summer What is the SEC? Securities and Exchange Commission The mission of the U.S. Securities and Exchange Commission is to.

Copyright © Cengage Learning. All rights reserved How Securities Are Bought and Sold Securities are usually exchanged with the help of an account executive.

Chapter 41 Corporations: Securities and Investor Protection McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

1 TRADING COURSE – SESSION 4 © Copyright Options Trading IQ. All Rights reserved.

Essentials Of Business Law Chapter 27 Conducting Business In Cyberspace McGraw-Hill/Irwin Copyright © 2007 The McGraw-Hill Companies, Inc. All rights reserved.

Chapter 41 Investor Protection, E-Securities, and Wall Street Reform.

1 BY THE NUMBERS FY2004 – FY2015 For FY 2015 Final.

1 Implementation and Enforcement Issues 20 November 2003 Hideki Kanda University of Tokyo.

REGULATORY FRAMEWORK. Mission and objectives of SEBI Securities & Exchange Board of India (SEBI) formed under the SEBI Act, 1992 with the prime objective.

Case 1.12 Bernard L. Madoff Investment and Securities: The Role of the Securities & Exchange Commission (SEC) Copyright © 2014 McGraw-Hill Education. All.

McGraw-Hill/ Irwin Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved SEC Reporting 14 Electronic Presentation by Douglas Cloud.

A FRAMEWORK FOR DISCLOSURE AND REGULATION OF RELATED PARTY TRANSACTIONS Robert D. Strahota, Assistant Director * US SEC Office of International Affairs.

 The U.S. Securities and Exchange Commission (SEC) oversees the key participants in the securities world.  Concerned with promoting disclosure of important.

Case 1.8 Bernard L. Madoff Investment and Securities: Broker-Dealer Fraud Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction.

Impact On Government Contractors

Securities Regulation

Dr. Nicholas Ryder Professor in Financial Crime 28th September 2017

National Asian Pacific American Bar Association 2017 Convention

Chapter 38 Investor Protection and Online Securities Transactions

ALL ABOUT THE FTC By: Brandon Baldwin.

Economics, 2017, Vol. 5, No. 5, doi: /jfe-5-5-1

Corporations: Securities and Investor Protection

Securities – SEC and key resources

Hot Topics in Single Family Lending Annual Conference of the

Dr. Donald K. McConnell Jr.

Dr. Donald K. McConnell Jr.

Dr. Donald K. McConnell Jr.

First Quarter Fiscal Year 2016

Chapter 46 SECURITIES REGULATION

Presented by Bharat Kumar Sahoo

Fiscal 3Q’13 Earnings Presentation

CHAPTER 11 PUBLIC CORPORATIONS AND SECURITIES REGULATIONS

2019 TAF Conference Panel: Best Practices for Matters Featuring Joint and/or Overlapping Investigations by Different Agencies.

Presentation transcript:

ABA Securities Midwest Regional Meeting and CLE Workshop Emerging Trends and Priorities in Securities and Commodities Enforcement ABA Securities Midwest Regional Meeting and CLE Workshop Moderator: Vincent P. (Trace) Schmeltz III Barnes & Thornburg LLP Panelists: Jeffrey Shank U.S. Securities and Exchange Commission Rosemary Hollinger US Commodities Futures Trading Commission Jim Lundy Drinker Biddle & Reath LLP Jason Yonan U.S. Attorney’s Office for the Northern District of Illinois Jerome Tomas Baker & McKenzie October 14, 2016 Chicago, IL

New SEC Investigations Fiscal Years 2004–2015 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: Select SEC and Market Data Reports; www.sec.gov Note: The SEC fiscal year ends on September 30 of the respective calendar year.

Enforcement Actions Initiated by the SEC Fiscal Years 2004–2016 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: Select SEC and Market Data Reports; www.sec.gov Note: The SEC fiscal years begin on October 1 of the prior year and end on September 30. Starting in fiscal year 2013, the Division of Enforcement adjusted its definition of Enforcement Actions so as to exclude 21(a) Reports and certain civil concept matters. The impact in 2013 was 10 fewer actions being included.

Percentage of SEC Enforcement Actions as Follow-On Administrative Proceedings Fiscal Years 2013–2016 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: Select SEC and Market Data Reports; www.sec.gov Note: SEC fiscal years begin on October 1 of the prior year and end on September 30.

New SEC Enforcement Activity Fiscal Years 2013–2016 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: Select SEC and Market Data Reports; www.sec.gov Note: New SEC enforcement activity excludes enforcement actions filed as follow-on administrative proceedings. SEC fiscal years begin on October 1 of the prior year and end on September 30.

SEC Enforcement Actions Fiscal Years 2004–2015 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. FCPA Issuer Reporting and Disclosure Insider Trading Market Manipulation Securities Offering Investment Adviser/ Investment Co. Delinquent Filings Broker-Dealer Other Source: Select SEC and Market Data Reports; www.sec.gov Note: Data regarding enforcement actions related to Delinquent Filings are not available prior to FY 2006. In FY 2013 the Division of Enforcement adjusted its definition of Enforcement Actions so as to exclude 21(a) Reports and certain civil contempt matters.

Criminal Actions Related to Conduct Under Investigation by the SEC Fiscal Years 2010–2015 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: Select SEC and Market Data Reports; www.sec.gov Note: The SEC fiscal year ends on September 30.

New CFTC Investigations Fiscal Years 2011–2015 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: FY 2011–2014 CFTC Annual Enforcement Results Press Releases; FY 2015 CFTC Agency Financial Report Note: The CFTC fiscal year ends on September 30 of the respective calendar year. The exact number of new investigations opened in each year exceeds the number disclosed above, as indicated in the CFTC's annual press releases.

Enforcement Actions Initiated by the CFTC Fiscal Years 2010–2015 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: FY 2015 CFTC Agency Financial Report Note: The CFTC fiscal year ends on September 30 of the respective calendar year.

Sanctions Ordered by the CFTC Fiscal Years 2010–2015 Analysis by Cornerstone Research (in billions) © 2016 Cornerstone Research. All rights reserved. Source: FY 2015 CFTC Agency Financial Report Note: The CFTC fiscal year ends on September 30 of the respective calendar year. The sanctions ordered represent civil monetary penalties, disgorgement, and restitution.

Percentage of CFTC Enforcement Division's Major Fraud and Manipulation Cases Involving Parallel Criminal Proceedings Fiscal Years 2013–2015 Analysis by Cornerstone Research © 2016 Cornerstone Research. All rights reserved. Source: FY 2013–2015 CFTC Annual Enforcement Results Press Releases Note: The CFTC fiscal year ends on September 30 of the respective calendar year. The percentage for FY 2013 is only for major fraud cases.

ABA Securities Midwest Regional Meeting and CLE Workshop Emerging Trends and Priorities in Securities and Commodities Enforcement ABA Securities Midwest Regional Meeting and CLE Workshop Moderator: Vincent P. (Trace) Schmeltz III Barnes & Thornburg LLP Panelists: Jeffrey Shank U.S. Securities and Exchange Commission Rosemary Hollinger US Commodities Futures Trading Commission Jim Lundy Drinker Biddle & Reath LLP Jason Yonan U.S. Attorney’s Office for the Northern District of Illinois Jerome Tomas Baker & McKenzie October 14, 2016 Chicago, IL