Securities
Jan. 10, 2012
SEC policy change may not affect many cases
The Securities and Exchange Commission's announcement that it will scrap its policy of allowing some defendants to settle civil cases without admitting or denying wrongdoing could change perceptions the agency lacks backbone.
Daily Journal Staff Writer
The Securities and Exchange Commission's announcement Friday that it will scrap its policy of allowing some defendants to settle civil cases without admitting or denying wrongdoing could change perceptions the agency lacks backbone. But defense lawyers and even one top SEC enforcement official agreed the consequences in boardrooms and courtrooms will be slight.
"The impact of this is limited...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In