Bribery Trial Highlights SEC's Focus On Gift Violations
Law360 (January 6, 2021, 4:52 PM EST) -- A recent U.S. Securities and Exchange Commission trial victory in a case involving the provision of complimentary trips, dinners and perks — SEC v. John A. Paulsen — highlights the SEC's increasing focus on gift and entertainment expense compliance in the asset management industry, and how compliance policies are being adapted for a socially distanced workforce.
Correction: A previous version of this article featured the wrong video. The error has been corrected.
Peter Chan is a partner at Baker McKenzie and former assistant director at the U.S. Securities and Exchange Commission's Public Finance Abuse Unit.
Suzan Rose is a senior adviser to...
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