In the News Today - October 27, 2016

October 27, 2016

Former Head of DOJ Criminal Division Says FCPA Pilot “Raises Serious Concerns”: Lanny Breuer, former head of the U.S. Department of Justice’s Criminal Division, said the DOJ’s FCPA pilot programs makes “‘an extraordinary request’ by mandating that companies seeking to have the government decline to bring a corruption case must ‘deconflict’ and halt their own internal investigations of potential violations.” (Law360)
 

CFPB Seeks to Silence Investigation Targets: “The CFPB wants to silence companies under investigation and is seeking greater freedom to share confidential information gathered as a result of those inquiries… Legal experts called the proposal a restraint on free speech and warned that it could run afoul of laws that require companies to disclose material information to shareholders,” writes Lorraine Woellert from POLITICO. (Financial Services Committee