U.S. Department of Justice and SEC Senior Officials Will Provide Updates on Security Fraud at ABA Criminal Justice Conference in New Orleans
WASHINGTON, D.C., Nov. 12, 2012 — Senior officials from the U.S. Securities and Exchange Commission and Department of Justice will explore insider trading, fraud violations, the Foreign Corrupt Practices Act and other issues at the American Bar Association’s Seventh Annual National Institute on Securities Fraud. The ABA Center for Professional Development, Business Law Section, Criminal Justice Section and Section of Litigation will host the conference Nov. 15 – 16 at the Westin New Orleans Canal Place in New Orleans.
Program highlights include:
“Self-Reporting: Voluntary … Mandatory … Coerced?” — Self-reporting potential securities fraud violations, including FCPA problems, is still voluntary under the most recent iterations of DOJ and SEC policies. Panelists will discuss the strategies, risks and rewards of self-reporting, not self-reporting and making the most of either decision.
Nov. 15, 11:45 a.m. – 12:45 p.m.
“Cooperation: Benefits and Risks for Individuals and Entities” — The SEC and DOJ can both provide immunity, nonprosecution agreements and other incentives for cooperation, but they can also administer heavy penalties. Panelists will explore the limits in which the SEC and DOJ work together and possible benefits and risks of embarking on the cooperation path.
Nov. 15, 2 – 3 p.m.
“FCPA Prosecutions of Individuals: A Frank Discussion” — FCPA enforcement has continued to be a mainstay securities fraud priority for the DOJ and the SEC. Panelists will discuss recent government setbacks that have changed the way lawyers defend these cases and the government’s approach to individual prosecutions.
Nov. 15, 3:15 – 4:15 p.m.
A complete agenda and updated list of speakers can be found online.
For media credentialing, please contact Rabiah Burks at Rabiah.Burks@americanbar.org. This event is free and open to members of the press.
With nearly 400,000 members, the American Bar Association is the largest voluntary professional membership organization in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law.