The U.S. government continues to ramp up investigations and enforcement actions against banks, mortgage companies and other financial services companies, including using tools such as the False Claims Act and its power to issue civil investigative demands (CIDs). For example, in May, the federal Residential Mortgage-Backed Securities Working Group, a joint effort by the Securities and Exchange Commission, the Department of Justice (including many U.S. Attorneys' Offices), the New York State Attorney General, and others to investigate alleged misconduct in the mortgage-backed securities market, appealed on its Web site for whistleblowers to report wrongdoing, and noted that whistleblowers could earn "substantial rewards" not only under the Dodd-Frank Wall Street Reform and Consumer Protection Act, but also the False Claims Act and the Financial Institutions Anti-Fraud Enforcement Act.
Join our panel for an instructive one-hour webinar to learn more about the government's investigative trends and what you can do to prepare should the government come calling. Topics covered include: