White-Collar Crime 2024 - Trends And Developments

As the home of Wall Street and the financial centre of the United States, New York has long been the place where the highest-profile and most sophisticated white-collar criminal cases in this country are prosecuted. Most such cases are prosecuted under federal law by the United States Attorney's Offices for the Southern and Eastern Districts of New York (SDNY and EDNY, respectively), both of which are part of the US Department of Justice (DOJ). The SDNY, which has jurisdiction over Manhattan, Westchester and adjacent counties, is generally considered the nation's leading office in the prosecution of securities fraud, including insider trading and related crimes. The EDNY, which has jurisdiction over Brooklyn, Queens, Staten Island and Long Island, has also brought numerous sophisticated white-collar cases, including cases involving defendants located across the United States and indeed the world. Both offices have aggressively sought to expand their reach, often using