As Khuzami And Columbia Prof. Trade Barbs, Attys Pick Sides

Law360, New York (January 18, 2013, 6:48 PM EST) -- U.S. Securities and Exchange Commission top cop Robert Khuzami hasn't made many friends in the securities bar, but defense attorneys have his back in an ongoing public feud with a Columbia professor who wants the agency to outsource major fraud cases to private counsel.

The first shot was fired by John Coffee, a prominent securities academic. At a securities industry conference in December, he said the agency could overcome its persistent lack of funding by hiring private firms to pursue major cases, including those against banks...
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