- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2025-02-06T20:05:00
The U.S. Department of Justice under new Attorney General Pam Bondi will de-emphasize white collar misconduct linked to bribes and foreign corruption, instead prioritizing corruption cases linked to human smuggling and the trafficking of narcotics and firearms.
According to a DOJ memo dated Tuesday that was obtained by Bloomberg Law, the DOJ’s Foreign Corrupt Practices Act (FCPA) Unit will “shift focus away from investigations and cases that do not have such a connection” to bribery that facilitates the operations of criminal cartels and transnational criminal organizations (TCOs), Bondi wrote.
Bondi also announced the disbandment of several DOJ kleptocracy task forces, and that “attorneys assigned to those initiatives shall return to their prior posts, and resources currently devoted to those efforts shall be committed to the total elimination of cartels and TCOs.”
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2025-02-26T18:44:00Z By Aaron Nicodemus
The CFTC issued new guidance for firms seeking to self-report misconduct, accompanied by a “mitigation credit index” that details how “exemplary” cooperation and remediation can knock up to 55 percent off the final penalty. The agency is the first enforcement agency to issue self-reporting guidance under President Donald Trump.
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The Consumer Financial Protection Bureau (CFPB) has quickly become one of the most active agencies advancing the Trump administration’s pullback on prosecuting corporations, as it dropped yet another consumer protection lawsuit against a financial services company Wednesday.
2025-04-21T12:00:00Z By Neil Hodge
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A federal judge has ruled that Google “willfully engaged in a series of anticompetitive acts” in the advertising technology industry, the latest antitrust setback in what could become a string of losses for tech companies.
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