Matthew Galeotti, the head of the Department of Justice’s (DOJ’s) Criminal Division, has signaled that the agency will be scaling back its enforcement of white-collar financial crimes, and creating a new remediation and cooperation regime that will focus less on punishment and more on incentivizing actors to come forward.
DOJ’s Criminal Division chief signals white-collar crime de-prioritization
The DOJ looks to combat foreign crime while promising to scale back monitorships and incentivize self-reports.