White Collar Roundup, July 2010

Six Things You Want To Know About Dodd-Frank

Sweeping financial reform arrived on July 15, 2010 when President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. For six quick-and-dirty enforcement-related takeaways of the 848 page bill, click here.

But I Didn't Know. Really.

Convictions resting on a conscious-avoidance-of-knowledge theory might be harder to come by. The Second Circuit has held that the jury charge must include precise language to convey to the jury that conscious avoidance is only possible if the defendant had a "high probability" of knowing a fact, unless the defendant "actually believed" that the fact was untrue.

Win Some, Lose Some