In this Episode of the FCPA Compliance Report, I am joined by Professor Karen Woody to look at the current state of the SEC in the Biden Administration. Highlights of this podcast include:
A. SEC-Early Impressions
- SEC debate in the public arena between the commissioners.
- Early impressions of SEC Chair Gensler.
- What are some of the top priorities you have seen so far from the SEC?
- Has new enforcement life been breathed into the SEC?
B. Specific Topics
- Where will SEC enforcement go on SPACs? Will Lordstown Motors be a harbinger or simply just another accounting fraud?
- Non-bribery FCPA enforcement under books and records/internal control provisions. Does Tandy Leather continue this trend?
- What, if any role will SEC have in crypto regulation as a commodity? Or is it a financial instrument of some type?
- What other areas you are watching from the SEC for either guidance or enforcement?
C. Into the Future
- How, if any has the Coronavirus health crisis changed the SEC’s approach?
- When might we see the SEC under Gensler start to hit its stride?
