Bruce Carton

The SEC’s Dan Hawke, Chief of the Division of Enforcement’s Market Abuse Unit, will be leaving the agency after 16 years of service.

The Associated Press made hundreds of thousands of video stories dating from 1895 to the present available on its YouTube channels. The newly available videos include countless clips that may be of interest to compliance professionals. The channel features clips such as the “House committee hearing on Madoff scandal” and “Worldcom executives Congressional hearing,” among others. Details inside.

Last week, the SEC announced the final resolution of an insider trading case that flowed from the most unusual of betrayals: information allegedly misappropriated from a senior executive who was confiding in a someone through their relationship at Alcoholics Anonymous.

Yesterday, the SEC filed a second insider trading case alleging that non-public information was leaked by a legal assistant whose law firm was advising on a merger involving Harleysville Group, Inc.

Today the U.S. Chamber of Commerce released an interesting, 64-page paper entitled, “Examining U.S. Securities and Exchange Commission Enforcement: Recommendations on Current Processes and Practices.” The report offers 28 specific recommendations on how to improve the SEC enforcement process.

In response to a lengthy list of grievances laid out by Sen. Elizabeth Warren in early June 2015, SEC Chair Mary Jo White has answered the Senator’s complaints. Specifically, White explained her recusals from certain cases (she had been granted permission to be recused from certain cases for two years), and she addressed the “no admit, no deny” issue. Chair White also reiterated her pride “in the agency’s many important accomplishments during my tenure as SEC Chair.” More inside.

On the eve of the anniversary of the U.K. Bribery Act of 2010, CW columnist Bruce Carton hosted a panel of U.K. experts to address where the SFO stands in its enforcement and prosecution of the Bribery Act, as well as other key issues such as the introduction of deferred prosecution agreements and the creation of a new possible offence for corporations that fail to prevent fraud. See more of that discussion inside.

Three years later, Sen. Chuck Grassley is re-introducing the SEC Penalties Act of 2012 — and dusting off some old quotes.

Sen. Elizabeth Warren and activist groups with which she is aligned have reportedly derailed President Obama’s plan to nominate a corporate lawyer for a soon-to-be open Democratic seat on the Commission.