Expect More SEC Scrutiny Of Defense Attorney Conduct
Law360, New York (January 7, 2014, 12:10 PM EST) -- The U.S. Securities and Exchange Commission is stepping up its efforts to target attorneys who purportedly obstruct enforcement investigations. In particular, the SEC's Division of Enforcement is threatening to refer cases to the SEC's Office of General Counsel ("OGC") when defense counsel, in the Enforcement Division's opinion, cross the line in defending clients. The punishment for such an offense could be revocation of the defense counsel's very ability to practice before the commission, a remedy that the OGC is empowered to seek under Rule 102(e) of the SEC's Rules of Practice.
SEC Associate General Counsel Richard Humes made this point clear...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!