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Oliver Schmidt, Volkswagen’s former top U.S. compliance officer, received the maximum sentence Wednesday for his role in lying to federal regulators and in helping the automaker to hide its conspiracy to cheat on diesel emissions tests.
senior reporter at ALM since 2004; based in Florida;
covers general counsel and white collar crime;
In recent years, the Securities and Exchange Commission (SEC) has prioritized the regulation, monitoring, and enforcement of cybersecurity activities. On Sept, 25, the SEC reinforced its commitment to cybersecurity when the Enforcement Division announced the formation of a “Cyber Unit” that will target cyber-related misconduct affecting the securities markets.
One of the oldest clichés in motivational speeches, and management in general, is that the Chinese character for “crisis” is composed of two subsidiary characters, one of which symbolizes “opportunity” and the other “danger.”
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