Veteran Day Pitney corporate compliance attorney James Bowers has written "DOJ and SEC Make Risk Assessment the Key to Compliance Effectiveness" for the Jan. 3, 2013, issue of Corporate Compliance Insights. The article outlines the steps companies need to take to ensure adherence to new enforcement guidelines issued by the Department of Justice and the Securities and Exchange Commission concerning the Foreign Corrupt Practices Act. The article lists effective compliance programs, compliance risk identification and assessment, regulatory environmental scans, gap analysis, and organizational assessment as crucial moves to avoid fines that have been "moving into the stratosphere." It also recommends "senior management set the right tone-at-the-top to ensure employee buy-in and ultimately good compliance behavior."
Jeffrey A. Clopeck, Henry Nelson Massey and Eliza Sporn Fromberg wrote the article, "SEC's Dating Advice For Internet Platforms And Its Impact," for Law360. The article analyzes how some internet platforms are offering private placements in reliance on Rule 506(b) of Regulation D with approval from the Securities and Exchange Commission. This form of "speed dating" with prospective investors by Internet platforms offering private placements is allowed so long as the platform asks probing questions.
Day Pitney Alert
Stamford, Conn., August 24, 2015 - Day Pitney is pleased to announce that 68 attorneys have been selected for inclusion in the 2016 Best Lawyers in America. Best Lawyers ranks lawyers through peer-review surveys, and has been published annually since 1983.