After this week's $22 milion award to a whistleblower, SEC leaders called the whistleblower program a game changer that has transformed the SEC's ability to protect investors.
Entries in Mary Jo White (16)
The SEC proposed Thursday to change the way it conducts administrative proceedings by widening discovery for both parties and requiring pleadings to be handled and served more efficiently.
Over the past couple of years, the SEC and its chair, Mary Jo White, have given compliance officers plenty of face. Compliance officers are gatekeepers. They guard the integrity of the markets. They have a hard job and need to be protected.
Here's some of what SEC chair Mary Jo White had to say last week in a speech at Northwestern University School of Law in Chicago, Illinois. Her talk was called "The SEC as the Whistleblower's Advocate."
As we said a couple of days ago, the traditional ancient duty of lawyers was advocacy, not enforcement. Asking lawyers to be the hall monitors for corporate America and beyond isn't an advocacy role. In fact, it conflicts with advocacy and, as we said yesterday, puts in-housers at risk.
Mary Jo White, Chair of the Securities and Exchange Commission, outlined her agency's regulatory and enforcement priorities for 2014 during a talk Monday at the Annual Securities Regulation Institute.
The U.S. Securities and Exchange Commission (SEC) published its fiscal year 2013 Agency Financial Report (AFR) to detail its financial and performance results for the President, Congress and public at large. Its purpose is portray its accomplishments and strategic goals for the next year, as well as its financial picture for budget planning. The report discusses its enforcement actions related to the FCPA in the past year, and the guidelines it provided businesses in complying with the law.