Tagged: private equity and hedge funds corruption risks

FCPA Enforcement Ramping Up Against Private Equity and Hedge Funds (Part III)

The Och-Ziff settlement has now set the stage for the Justice Department and the SEC to focus its enforcement eye on the private equity and hedge fund industry. The Och-Ziff action was initiated in response to the SEC’s industry inquiry launched in 2011. The SEC issued inquiry letters to approximately 10 separate private equity/hedge funds, and investment banks. The results of these inquiries are unknown...