This is certainly not the first time these pages have addressed this topic and of all the topics periodically discussed on these pages, this topic has received some of the most positive feedback.
For profit companies that host FCPA conferences are entitled to run their business as they see fit. However, when for profit companies use enforcement officials at the DOJ and SEC like commodities that are then marketed and sold to the public, this is where the line needs to be drawn.
It’s a disgraceful practice and it needs to stop. Moreover public officials need to stop allowing themselves to be used as pawns by for profit companies.
A common marketing device the conference companies use in hopes of driving attendance to their paid events is by touting the public officials who will speak at the event. With the current COVID-19 environment, large in-person events are not possible. Yet as highlighted below, a for profit conference firm is now marketing “virtual” access to our public officials to drive virtual attendance to their paid event.