Economic downturns have historically driven an increase in insider threat issues and digital asset risks. Recent Whistleblower issues concerning cyber risks have forced firms to look inwardly in new ways to mitigate security weaknesses. Organizations need a new playbook to prepare following the post-Covid digital footprint expansion and new considerations on materiality and regulatory guidance.
Recent corporate turmoil has shown that cyber and digital asset risk, combined with the human element, are critical to managing material risk issues. Organizations can no longer rely solely on dated technologies like data loss prevention (DLP) and basic access controls to prevent theft, breach of duties, or fiduciary concerns. Join cyber and privacy risk experts Andrew Pak from Perkins Coie and Luke Tenery from StoneTurn for an insightful discussion on insider threat and whistleblower considerations for risk and legal managers for the digital enterprise. Key discussion topics will include insider threat cyber readiness, how insiders are creating weaknesses, and whistle blower obligations in the digital enterprise.
An investment strategy should consider national security concerns, especially when they include non-U.S. entities, partners, or investors. Investment opportunities into foreign economies have never been more prevalent. More and more governments are establishing and/or expanding their oversight and regulatory authority over these transactions, motivated by geopolitical considerations, concerns for national security, and protecting their own economical and cultural self-interests. Regardless of industry, an investment strategy should be closely reviewed with a national security lens and align with regulator expectations. With today’s ever-changing geopolitical climate, governments and regulators have given increased scrutiny to foreign investments that involve emerging and critical technologies, critical infrastructure, and personal data. Understanding the shared regulatory trends, as well as unique considerations of each regime, has become critical for those engaged in international trade, investment, and mergers and acquisitions.
This program will feature the below speakers having an interactive discussion of these issues, looking at the trends that have emerged in 2022, identifying anticipated changes and focuses in regulatory reviews from both CFIUS and Non-US FDI Regimes, and providing insight and proactive suggestions on how companies should approach investments in 2023 to mitigate risk and comply with regulation oversight.
Scott Boylan, Partner, StoneTurn
Brian Egan, Partner, Skadden
Nate Fisher, Managing Director, StoneTurn
Joe Molosky, Associate, Skadden
In this annual webcast, our panel will discuss the key developments in SEC enforcement matters from 2022, and what lies ahead. Among other items, the panel will address:
* enforcement results under Chairman Gary Gensler and his staff, and what areas are in focus going forward;
* new legal and policy issues arising from enforcement cases; and
* developments involving accounting and financial reporting; ESG; digital assets; insider trading; FCPA; remedies and sanctions; and the Whistleblower Program.
Please join panelists Bill McLucas from Wilmer Cutler Pickering Hale and Dorr LLP; Doug Davison from Linklaters; and Marty Wilczynski and Jason Flemmons from Ankura Consulting as they address these and other key developments in SEC enforcement.
SEC’s Dodd-Frank Whistleblower Program continued to break records in FY 2022. The Office of the Whistleblower (“OWB”) received over 12,300 whistleblower tips, the highest in any year since the SEC established the whistleblower program in 2011, from all over the world and the United States. The SEC issued awards totaling over $229 million to over 100 whistleblowers in FY 2022, closely following the prior year’s record-high numbers. FY 2022 also saw over 760 enforcement actions brought by the SEC, through which the SEC sought the highest amount of monetary penalties in several years. Together with uncertainties in the markets and complex regulatory environments, these trends create the perfect storm for keeping in-house counsel and compliance professionals up at night.
Securities Docket is pleased to present its eleventh annual webcast on Dodd-Frank’s whistleblower provisions. This year’s panelists once again include leading practitioners in all aspects of Dodd-Frank whistleblower litigation and investigations, including F. Joseph Warin, John W.F. Chesley, Molly Senger, and Nicole Lee of Gibson Dunn, former SEC Office of the Whistleblower Chief Sean X. McKessy of Phillips & Cohen, and Jim Barratt of AlixPartners.
This free, 90-minute webcast will include a dynamic and participatory discussion on the statutory and regulatory framework of Dodd-Frank’s whistleblower provisions, their interpretation by the SEC Office of the Whistleblower and federal courts, and provide participants with practical tips for navigating the minefield of whistleblower complaints.