Proactive cooperation reduces CFTC fines to $8 million
The CFTC’s recent “enforcement sprint” initiative saw 10 firms fined a combined amount of $8.3 million, with most receiving fine reductions for “exemplary cooperation” and remediation plans – demonstrating the benefits of self-reporting and collaboration with the regulator.
Regulatory Wrap episode 62: DOJ makes self-disclosure a strategic advantage
In Regulatory Wrap for the week to May 23, Ryan Sheridan uncover how the DOJ’s updated white-collar enforcement plan repositions self-disclosure as a commercial advantage.
DOJ reforms self-disclosure approach with new corporate enforcement plan
The DOJ has altered its corporate enforcement policy to simplify investigations and amplify the benefits firms can receive by self-reporting, fully cooperating, and effectively remediating misconduct.