When a party is contacted by a federal, state, or local regulatory or law enforcement or government entity, including the Securities and Exchange Commission, the Commodity Futures Trading Commission, Federal Trade Commission, Medicare/Medicaid agencies such as the Center for Medicare and Medicaid Services and the Office of Inspector General of the United States Department of Health
In another enforcement action involving failure to file CFTC from 2014 as required by CFTC Regulation 19.01, the Commodity Futures Trading Commission ordered Golden Agri International Pte Ltd. to pay $150,000. This follows similar actions against farm co-op CHS Inc. and Marubeni America Corporation and is a reminder to reportable market participants of their ongoing legal obligation to comply in a timely manner with Regulation 19.01, which prescribes the form and manner for submitting Form 204 reports to the Commission for wheat, corn, oats, soybeans, soybean oil, and soybean meal. Regulation 19.01(b) requires that the Form 204 report be made monthly by the close of business on the last Friday of the month, and filed with the Commission’s Office in Chicago, IL by the third business day following the date of the report or via facsimile, telephone, or mail.
Failure to file Form 204 reports in a timely manner and follow instructions constitutes a violation of Regulation 19.01, which is actionable under the Commodity Exchange Act (“CEA”) and Commission regulations and these actions show that enforcement proceedings will brought against nonconforming companies.
If you have questions regarding CFTC Form 204, Regulation 19.01(b), or any other CFTC rule or regulation, please contact Braden Perry with Kennyhertz Perry, LLC’s Commodities, Futures, and Derivatives, and Government Enforcement practice groups, where roots of the practice are in the commodities markets, where Mr. Perry spent time as a CFTC Senior Trial Attorney. Kennyhertz Perry lawyers regularly advise our clients on compliance with the complex laws and regulations governing the securities and derivatives industries, including the Commodity Futures Modernization Act of 2000, the Commodity Exchange Act, and CFTC regulations, and the rules of the derivatives exchanges and clearinghouses and other industry self-regulatory organizations. Kennyhertz Perry lawyers guide clients on comment-making about proposed legislation and regulation, provide ongoing operational and compliance counseling, and offer advice on modifications of transaction structure and documentation. Mr. Perry also brings his enforcement experience and his substantial prior experience in white collar criminal defense practice, and represents corporate clients and individual officers and directors at every stage of government investigations and enforcement actions – including white collar criminal matters – initiated by state and federal agencies, including the CFTC and NFA.
2016 Global Fund Awards Recognized Kennyhertz Perry, LLC NEWS RELEASE (KANSAS CITY, June 16, 2016) Kansas City business law firm, Kennyhertz Perry was recently named “2016 Investment Due Diligence Law Firm of the Year” by Global Fund Awards. Critical judgments and decisions in the investment process are essential. Whether it’s stocks, bonds, real estate assets
Kennyhertz Perry’s Kansas City litigation attorneys handle significant disputes for a broad spectrum of financial institutions, major commercial, industrial and service corporations and high net worth individuals involving state and federal cases, as well as parallel proceedings before criminal, administrative, and regulatory agencies. Our attorneys have substantial experience in all aspects of dispute resolution, including
Former CFTC Attorney Braden Perry Quoted in June 2016 Issue of Of Counsel: The Legal Practice and Management Report Recent Law Firm Hacking Underscores the Need for Action June 10, 2016 Even a casual monitor of recent news knows that BigLaw has been hacked—again. In late March The Wall Street Journal reported that several of
Nonprofit organizations live and die by their ability to raise money, and donors usually won’t support a group with questionable spending habits. Sadly, the effects can reach beyond the C-suite to hurt the very people an organization is dedicated to helping. In an article published on Insureon’s website, former CFTC attorney Braden Perry suggests that NPOs
Kennyhertz Perry partner Braden Perry lead an educational and interactive training at the Nebraska Attorney General’s office focusing on legal implications of Bitcoin and other emerging issues related to block chain technology. The Office of the Attorney General, and personnel from the Nebraska Highway Patrol, Nebraska Department of Revenue criminal investigators, and Homeland Security participated in an interactive training by Perry, and representatives from Coinbase and Chainalysis, discussing criminal, fraud, and consumer protection issues with the emerging technology. The daylong event occurred in Lincoln on May 16, 2016.
Corruption, Forced Labor and Human Trafficking in Supply Chains Subject Unsuspecting Companies to Potential FCPA Violations
Increasingly, trafficking-related activities in global supply chains include corruption, bribery, and other conduct that could result in liability for companies subject to Foreign Corrupt Practices Act (FCPA) jurisdiction. Both sending countries and countries employing forced labor can be liabilities for companies unknowingly using unscrupulous agents. Companies can avoid FCPA prosecution by instituting an effective, functioning compliance program. Routine FCPA Due Diligence is a critical component in maintaining a FCPA compliance program.
If you or your company is subject to, or suspects potential supply chain issues, contact our experienced attorneys. Attuned to detail, Kennyhertz Perry’s investigations are unparalleled in quality, exceeding the highest standards.
Kennyhertz Perry, LLC Partner Braden Perry was featured as one of several information security experts in the ABA Law Practice Today. Mr. Perry discussed the revelation that some of the country’s most prestigious law firms were hacked in an attempt to uncover confidential information, coupled with the “Panama Papers” scandal, and how it has put an uncomfortable spotlight on law firms and their data security programs.
The two-part series, entitled “Law Firm Hack Attack,” addresses the serious issues with law firms and their data security, including why law firms are targets. Mr. Perry has extensive experience advising clients in federal inquiries and investigations, particularly in enforcement matters involving complex or emerging and novel issues. He also works with clients in all industries in crafting information security programs and ensuring their current information security programs are sound.
Braden Perry spoke today on Foreign Corrupt Practices Act (“FCPA”) Investigation Cooperation: Avoiding Common Corporate Mistakes on the Knowledge Group Webcast series. Mr. Perry shared his FCPA knowledge with an audience ranging from corporate executives to other legal practitioners. Key topics included: FCPA Enforcement – A 2016 Overview Common FCPA Corporate Missteps during Investigation Strategies for Thorough
Braden Perry, government enforcement and litigation partner with Kennyhertz Perry, LLC was again contacted by IDG News Service to discuss Apple’s defenses and their refusal to follow Judge Pym’s order requiring assistance to the FBI’s in its probe of the San Bernardino terrorist acts. IDG News Service is the wire service representing PCWorld, Computerworld, MacWorld, Network World, CIO and dozens of other leading tech publications worldwide.
Apple recently raised its defenses in a court briefing, ranging from attacking the purposes of the All Writs Act, to the 1st and 5th Amendment arguments. Perry commented on the the overall balancing the needs of law enforcement with the privacy and personal safety interests of the public, and the fact that the ” government needs a ‘compelling’ interest to force Apple to write new code,” he said. Still, however, Apple faces an “uphill battle.”
On February 3rd, John Kennyhertz, Partner with Kennyhertz Perry, LLC, presented at the Kauffman Foundation as part of the FastTrac TechVenture program. The certified FastTrac curriculum and the affiliates that teach it have a proven framework to help aspiring entrepreneurs start businesses across the country. The audience was made up of UMKC professors and entrepreneurs from the greater Kansas City area. Serving as the legal expert for the UMKC Small Business and Technology Development Center, Kennyhertz addressed various legal issues faced by today’s entrepreneurs and their startups. He discussed entity selection and formation, the importance of a tailored operating agreement, Federal, state and local government regulations, employment law, business licensing, and employment law issues. Mr. Kennyhertz continues to serve as a valuable resource to the growing startup community in Kansas City through his continued involvement and work with The Kauffman Foundation, UMKC and the University of Kansas School of Business.