Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Direct Access Partners (14)

Friday
Jul012016

FCPA enforcement report for Q2 2016

During the second calendar quarter, there were four corporate FCPA enforcement actions and eight individual resolutions (seven related to Direct Access Partners). There were also three guilty pleas by individuals.

Click to read more ...

Monday
Apr112016

Seven from Direct Access Partners settle with SEC

The Securities and Exchange Commission said Friday that seven individuals from a registered broker-dealer settled charges related to bribes paid to a former official of a Venezuelan state-owned bank.

Click to read more ...

Monday
Jan182016

Former Venezuela state bank official sentenced to time served for Wall Street bribe scheme

A former official of a Venezuelan state-owned bank was sentenced Friday to time served for taking at least $5 million in bribes from a Wall Street broker-dealer in exchange for trading business.

Click to read more ...

Friday
Dec182015

Hurtado jailed three years in Direct Access Partners bribe case

A Miami-based broker from Direct Access Partners was sentenced to three years in prison Tuesday for being the middleman in a scheme to bribe a Venezuela state bank official in exchange for bond trading work.

Click to read more ...

Wednesday
Dec092015

DAP's Clarke sentenced to two years for Bandes bribes

Tomas Clarke, a former senior vice president at New York-based Direct Access Partners who worked in the firm's Miami office, was sentenced to two years in prison Tuesday for his role in bribing a Venezuela bank official.

Click to read more ...

Monday
Dec072015

Former brokerage exec jailed two years for Venezuela bribes

A former executive of a Wall Street broker-dealer was sentenced Friday to two years in prison for bribing an official at a state-owned bank in Venezuela in exchange for trading business.

Click to read more ...

Monday
Mar302015

Two Wall Streeters jailed four years for Venezuela bribes

The former chief executive officer of Direct Access Partners LLC and a managing director were each sentenced to four years in prison Friday for bribing a Venezuela state bank official in return for bond trading business.

Click to read more ...

Monday
Apr142014

Two more Direct Access execs charged in Venezuela bank bribery

The former chief executive officer of Direct Access Partners LLC and a former partner at the brokerage firm were charged in federal court in New York Monday for bribery involving Venezuela’s state bank.

Click to read more ...

Tuesday
Nov192013

Venezuela state banker admits taking bribes from U.S. broker

A former vice president from Venezuela's state economic development bank pleaded guilty Monday and agreed to cooperate with prosecutors investigating a massive bribery and fraud scheme by a U.S. broker.

Click to read more ...

Tuesday
Oct012013

Enforcement Report for Q3 ‘13

DOJ and SEC enforcement of the FCPA slowed a bit during the summer months. But after a blockbuster Q2, the third quarter still saw four guilty pleas, one more than the prior quarter, and three declinations, up from two in the previous three months.

Click to read more ...

Friday
Aug302013

Third guilty plea in broker-dealer case

The DOJ said Friday another broker from Direct Access Partners pleaded guilty to bribing foreign officials in Venezuela in exchange for bond trading work.

Click to read more ...

Thursday
Aug292013

Two brokerage execs plead guilty for Venezuela bribes

Two executives of an SEC-register broker-dealer pleaded guilty Thursday to bribing an official of a state-owned Venezuelan bank in exchange for bond trading business.

Click to read more ...