Wachtell to Clients: Compliance Still Matters Under Trump

Wachtell Lipton Rosen & Katz issued a memo late Wednesday to clients warning they should continue to strive for effective white-collar compliance despite a slowdown in white-collar enforcement under President Donald Trump.

Clients might expect that a decrease in white-collar prosecutions and in the size of corporate fines and penalties over the past two years would lessen the urgency around effective compliance programs, but the prestigious New York firm said otherwise.

“Now is arguably the best time for corporations to continue investing in their compliance programs to ensure they have in place an effective and comprehensive set of compliance policies, ...