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Admissions Securities and Exchange Commission (SEC) Compliance

WilmerHale

Breaking With Precedent - New Guidance on Future CFTC Enforcement Resolutions

WilmerHale on

The Commodity Futures Trading Commission (CFTC) Division of Enforcement recently released a new advisory to its staff related to penalties, corporate compliance monitors and consultants, and admissions in CFTC enforcement...more

Brooks Pierce

Rengan Rajaratnam Settlement Exposes Weak Point in SEC’s Newish Admissions Policy

Brooks Pierce on

You remember Rengan Rajaratnam, right? He broke the S.D.N.Y.’s long streak of insider trading victories when a jury acquitted him in July. I wondered what the effect on his case with the SEC would be. Would he settle? ...more

Bilzin Sumberg

SEC To Demand More Public Accountability This Year From Wrongdoers In Financial Markets

Bilzin Sumberg on

SEC Chair Mary Jo White announced last week that the SEC is changing its protocol relating to admissions of guilt in settlements with wrongdoers in the securities markets. Historically, SEC practice was to settle cases...more

Saul Ewing LLP

SEC Changes Course: Some Companies Must Now Admit Wrongdoing

Saul Ewing LLP on

In Brief - More defendants in cases brought by the Securities and Exchange Commission will face the possibility of making an admission of misconduct under a change in the policy on “no admit, no deny” settlements....more

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