On May 12, 2025, the Head of the U.S. Department of Justice Criminal Division, Matthew Galeotti, provided the Trump administration’s first comprehensive articulation of white-collar priorities and revised corporate enforcement policies in remarks delivered at the Securities Industry and Financial Markets Association Anti-Money Laundering and Financial Crimes Conference. (more…)
The U.S. Department of Justice (DOJ or Department) has announced a significant shift in enforcement priorities concerning digital assets. On April 7, 2025, Deputy Attorney General Todd Blanche issued a memorandum (Memorandum) announcing that the Department is not a “digital assets regulator” and will no longer pursue litigation or enforcement actions that “have the effect of superimposing regulatory frameworks on digital assets.” Instead, the Memorandum directs DOJ to focus on the prosecution of conduct that victimizes investors or uses digital assets in furtherance of crimes such as terrorism, narcotics trafficking, hacking, and human trafficking.
Sidley is pleased to announce that Ian McGinley has joined the firm as a Securities Enforcement and Regulatory partner in the Regulatory and Enforcement practice group in New York. Mr. McGinley was most recently the Director of Enforcement for the U.S. Commodity Futures Trading Commission (CFTC). At Sidley, he will focus on regulatory enforcement and white-collar criminal defense, with a particular emphasis on commodities and securities laws. He will also advise clients in civil and criminal matters involving digital assets.
http://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.png00White Collar Watchhttp://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.pngWhite Collar Watch2025-03-31 14:21:192026-04-15 13:07:59Ian McGinley, Former Director of Enforcement for the CFTC, Joins Sidley’s Regulatory and Enforcement Practice
Some predicted a drop in False Claims Act (”FCA”) enforcement during the first Trump administration, but setting aside a likely pandemic-related slowdown during 2020–2022, FCA cases — both DOJ-initiated and qui tam — during the early part of the first Trump administration were consistent with the volume in the later part of the Biden administration.
http://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.png00Jaime L.M. Joneshttp://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.pngJaime L.M. Jones2025-03-18 14:15:132026-04-15 13:12:00DOJ Enforcement Outlook in Health Care Compliance for 2025
On Friday, February 21, a federal district judge in Maryland issued a nationwide preliminary injunction prohibiting the U.S. Department of Justice (DOJ) and defendant federal agencies from enforcing portions of two presidential executive orders (EOs) targeting diversity, equity, and inclusion (DEI) programs at companies that do business with the federal government, including provisions tethering allegedly unlawful DEI programs to potential False Claims Act (FCA) liability.
Through a series of presidential executive orders (EOs) and Attorney General (AG) memos, the new Trump administration has signaled dramatic changes in how the Department of Justice (DOJ) will enforce white collar crime and specifically the Foreign Corrupt Practices Act (FCPA). This alert analyzes the significant takeaways for corporations that operate in the United States and across borders.
http://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.png00White Collar Watchhttp://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.pngWhite Collar Watch2025-02-12 18:17:572026-04-15 13:13:45U.S. DOJ Hits the Brakes on FCPA Enforcement and Announces Other Key Policies at the Beginning of Attorney General Bondi’s Tenure
On February 4, 2025, in the first official statement (the Statement) from the Securities and Exchange Commission’s (SEC) newly established Crypto Task Force (Task Force), SEC Commissioner Hester Peirce provided a glimpse into the priorities and guidelines concerning “the crypto road trip” ahead for all industry participants in the crypto/digital assets space. (more…)
http://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.png00Lilya Tesslerhttp://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.pngLilya Tessler2025-02-06 14:03:492026-04-15 13:14:18A Roadmap to Engagement With the U.S. SEC’s New Crypto Task Force
The fraud landscape in the UK is changing, and it will become much easier to prosecute organisations for fraudulent offences.
In September 2025, the UK’s new corporate “failure to prevent fraud” offence introduced under the Economic Crime and Corporate Transparency Act 2023 (Act), will come into force. This marks a key step in the UK government’s intention to bring about a corporate-culture shift around fraud prevention, encouraging organisations to take proactive measures to prevent fraud.
http://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.png00Sara Georgehttp://whitecollarwatch.sidley.com/wp-content/uploads/sites/8/2026/03/sidleyLogo-e1643922598198.pngSara George2025-01-16 13:29:592026-04-15 13:15:15The New UK Corporate Offence of Failure to Prevent Fraud
U.S. DOJ Unveils White-Collar Enforcement Priorities and Corporate Enforcement Policy Revisions
On May 12, 2025, the Head of the U.S. Department of Justice Criminal Division, Matthew Galeotti, provided the Trump administration’s first comprehensive articulation of white-collar priorities and revised corporate enforcement policies in remarks delivered at the Securities Industry and Financial Markets Association Anti-Money Laundering and Financial Crimes Conference. (more…)
White Collar Watch
U.S. DOJ Shifts Focus in Digital Asset Enforcement
The U.S. Department of Justice (DOJ or Department) has announced a significant shift in enforcement priorities concerning digital assets. On April 7, 2025, Deputy Attorney General Todd Blanche issued a memorandum (Memorandum) announcing that the Department is not a “digital assets regulator” and will no longer pursue litigation or enforcement actions that “have the effect of superimposing regulatory frameworks on digital assets.” Instead, the Memorandum directs DOJ to focus on the prosecution of conduct that victimizes investors or uses digital assets in furtherance of crimes such as terrorism, narcotics trafficking, hacking, and human trafficking.
(more…)
White Collar Watch
Ian McGinley, Former Director of Enforcement for the CFTC, Joins Sidley’s Regulatory and Enforcement Practice
Sidley is pleased to announce that Ian McGinley has joined the firm as a Securities Enforcement and Regulatory partner in the Regulatory and Enforcement practice group in New York. Mr. McGinley was most recently the Director of Enforcement for the U.S. Commodity Futures Trading Commission (CFTC). At Sidley, he will focus on regulatory enforcement and white-collar criminal defense, with a particular emphasis on commodities and securities laws. He will also advise clients in civil and criminal matters involving digital assets.
(more…)
White Collar Watch
DOJ Enforcement Outlook in Health Care Compliance for 2025
Some predicted a drop in False Claims Act (”FCA”) enforcement during the first Trump administration, but setting aside a likely pandemic-related slowdown during 2020–2022, FCA cases — both DOJ-initiated and qui tam — during the early part of the first Trump administration were consistent with the volume in the later part of the Biden administration.
(more…)
Jaime L.M. Jones
Chicago
jaime.jones@sidley.com
Federal Judge Pauses Enforcement of DEI Executive Order; FCA Risks Remain
On Friday, February 21, a federal district judge in Maryland issued a nationwide preliminary injunction prohibiting the U.S. Department of Justice (DOJ) and defendant federal agencies from enforcing portions of two presidential executive orders (EOs) targeting diversity, equity, and inclusion (DEI) programs at companies that do business with the federal government, including provisions tethering allegedly unlawful DEI programs to potential False Claims Act (FCA) liability.
(more…)
Jaime L.M. Jones
Chicago
jaime.jones@sidley.com
Katherine A. Roberts
Los Angeles, San Francisco
kroberts@sidley.com
Cody M. Akins
Washington, D.C.
cakins@sidley.com
U.S. DOJ Hits the Brakes on FCPA Enforcement and Announces Other Key Policies at the Beginning of Attorney General Bondi’s Tenure
Through a series of presidential executive orders (EOs) and Attorney General (AG) memos, the new Trump administration has signaled dramatic changes in how the Department of Justice (DOJ) will enforce white collar crime and specifically the Foreign Corrupt Practices Act (FCPA). This alert analyzes the significant takeaways for corporations that operate in the United States and across borders.
(more…)
White Collar Watch
A Roadmap to Engagement With the U.S. SEC’s New Crypto Task Force
On February 4, 2025, in the first official statement (the Statement) from the Securities and Exchange Commission’s (SEC) newly established Crypto Task Force (Task Force), SEC Commissioner Hester Peirce provided a glimpse into the priorities and guidelines concerning “the crypto road trip” ahead for all industry participants in the crypto/digital assets space. (more…)
Lilya Tessler
Dallas, Miami
ltessler@sidley.com
Andrew J. Sioson
Washington, D.C.
asioson@sidley.com
The New UK Corporate Offence of Failure to Prevent Fraud
The fraud landscape in the UK is changing, and it will become much easier to prosecute organisations for fraudulent offences.
In September 2025, the UK’s new corporate “failure to prevent fraud” offence introduced under the Economic Crime and Corporate Transparency Act 2023 (Act), will come into force. This marks a key step in the UK government’s intention to bring about a corporate-culture shift around fraud prevention, encouraging organisations to take proactive measures to prevent fraud.
(more…)
Sara George
London
sara.george@sidley.com
Samantha Cumming
London
samantha.cumming@sidley.com
Josie Welland
London
josie.welland@sidley.com
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