Sentencing Commission Shifts Focus on Fraud Punishments
The U.S. Sentencing Commission has adopted new sentencing guidelines for financial fraud, heaping more punishment on masterminds but reducing penalties for others who might be lower-level minions in such frauds. The change has provoked mixed emotions in the legal community. Some welcome the new flexibility extended to judges as they ...
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New Sentencing Guidelines Could Alter Fraud Prosecutions
Image: Several important changes to the federal Sentencing Guidelines could drastically reduce the sentences imposed for violations of fraud and antitrust laws, even as the Justice Department heightens its focus on prosecuting individuals in corporate misconduct cases. “Some of the changes in the Sentencing Guidelines are a step in the ...
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Basic PageTrump wants SEC to toss quarterly reporting requirement
President Donald Trump is pushing for a shake-up in corporate reporting rules, calling on companies to file earnings with the SEC only twice a year instead of every quarter.
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News BriefDOJ, SEC charge owner of Pennsylvania companies of running $770M Ponzi scheme
The majority owner of a Pennsylvania investment firm faces 100 years of prison time and huge fines for allegedly running a $770 million Ponzi scheme centered on an ATM company he also owned.