David Smyth Quoted in Washington Post on FCPA
Brooks Pierce attorney David Smyth was quoted in The Washington Post on May 8 in "Wrangling over anti-bribery law rages on, with top firms facing investigation."
The article included an analysis of whether the Justice Department is lenient toward companies that demonstrate efforts to comply with the anti-bribery law, citing a Morgan Stanley investigation where the company itself was not charged.
"Morgan Stanley was conspicuously not charged, and their decision was a bold endorsement of the company's compliance effort," said Smyth, noting also that the SEC's complaint included references to the company's compliance program.
David served on the staff of the SEC for six years, ultimately as Assistant Director in the Division of Enforcement. He now represents corporate clients in financial services litigation and in response to government enforcement proceedings by federal and state authorities.