In view of the recent investigations of the Chinese American academic and scientific communities, the program provided community members with guidance on their legal rights and strategies to employ when interacting with law enforcement officials and university counsel conducting investigations.

The Securities and Exchange Commission (SEC) has taken its first step to implement the Holding Foreign Companies Accountable Act ("HFCA Act").  The SEC adopted interim final rules that will assist the SEC in identifying issuers that filed an annual report with an audit report issued by a registered public accounting firm that has a branch or office located in a foreign jurisdiction and that the Public Company Accounting Oversight Board ("PCAOB") has determined that it is unable to inspect or investigate completely because of a position taken by an authority in that jurisdiction ("Commission-Identified Issuers").

The Biden Administration has encountered some difficulties in implementing E.O. 13959, a Trump administration directive that inhibits investment by United States persons in the securities of companies identified by the Department of Defense or the Department of the Treasury as Communist Chinese military companies ("CCMC"s).

The New York Attorney General’s Office has sued Coinseed, Inc., a start-up virtual currency trading platform, and its CEO and its former CFO under New York State’s Martin Act in Manhattan State Supreme Court.

Sharon O’Shaughnessy, a member of the White Collar Defense Investigations & Compliance Counseling Practice, has been selected to the Leadership Council on Legal Diversity (LCLD) 2021 Fellows Program.

Financial services law firm Murphy & McGonigle today announced the launch of an improved version of its M&M Defend app, a smart phone application that guides individuals, businesses and in-house counsel with instantaneous information during legal crisis situations.