The COVID-19 pandemic has caused historic levels of market disruption, unprecedented selloffs, economic uncertainty and fears of a global recession. Fund managers need to navigate these volatile markets and protect investor capital as the market responds to news about the pandemic and possible government stimulus efforts. Many managers choose to hire political consultants to stay ahead of the curve. The use of consultants is appropriate and commonplace; but it is not free from risk. In this article, partners Charles Clark, Gary Stein, Craig Warkol and Peter White provide an insider trading enforcement update in the wake of the COVID-19 crisis.