SEC Awards Nearly $3 Million to Whistleblower

SEC

The Securities and Exchange Commission today announced an award of nearly $3 million to a whistleblower whose information and assistance led to a successful SEC enforcement action. read more »

Mississippi Pharmacist Pleads Guilty to More than $180-Million Health Care Fraud Scheme

DOJ

A Mississippi pharmacist pleaded guilty today for his role in a multimillion-dollar scheme to defraud TRICARE and private insurance companies by paying kickbacks to distributors for the referral of medically unnecessary compounded prescription medications that were ultimately dispensed by his pharmacies. The conduct allegedly resulted in more than $180 million in fraudulent billings, including more than $50 million paid by federal healthcare programs. read more »

Slammed for bribery, Siemens continued to ignore red flags

WASHINGTON POST

German engineering giant Siemens ignored some of its own red flags for foreign bribery in the aftermath of a major corruption scandal in 2008, according to newly released reports by an independent monitor and other confidential documents. read more »

U.S. SEC chair says agency to restart swaps regulation effort

REUTERS

The U.S. Securities and Exchange Commission is likely to embark on a renewed effort to write "long overdue" rules for the registration and regulation of security-based swap execution facilities, Chair Gary Gensler said on Wednesday. read more »