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Bill Introduced to Regulate Corporate Monitors

Democratic lawmakers in Washington, D.C., on Tuesday proposed legislation that would regulate how the Justice Department awards contracts for independent monitors hired to oversee white-collar crime settlements, saying new DOJ guidelines did not address their concerns about the lucrative monitoring contracts and so-called deferred prosecution settlements. A Justice Department spokesperson said the department will review the legislation but considers it unnecessary.

This entry was posted on Wednesday, July 16th, 2008 at 12:10 pm and is filed under Lawyer - News.

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