Ex-Prosecutors Bring DOJ Tactics With Them To SEC

Law360, New York (September 28, 2010, 7:45 PM EDT) -- The former federal prosecutors who now lead the U.S. Securities and Exchange Commission's Enforcement Division have brought many of the tactics of the Department of Justice to the agency, allowing it to become more aggressive and respond more quickly to wrongdoing, lawyers said.

The significant changes the SEC has made to the way the Enforcement Division operates — stripping away layers of bureaucracy for getting subpoenas, instituting a cooperating witness program and creating specialized investigative units — ape methods used by the DOJ.

“It’s more than...
To view the full article, register now.