SEC Examiner Mulling Settlement Of Ethics Charges

Law360, New York (January 23, 2014, 12:10 PM ET) -- U.S. Securities and Exchange Commission compliance examiner Steven Gilchrist is in discussions with federal prosecutors to resolve a criminal case alleging he violated ethics rules by holding stock in major banks including Bank of America, according to a Tuesday court filing.

In the document, which is dated Jan. 17 but was made public on Tuesday, Assistant U.S. Attorney Martin Bell said the government and defense counsel “have had discussions and communications regarding a possible disposition of this case, but the negotiations have not been completed.”...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required