SEC Predicts Record Enforcement Levels Will Continue In 2016

Law360, Washington (March 10, 2016, 3:10 PM EST) -- The U.S. Securities and Exchange Commission’s record number of enforcement actions last fiscal year shows no signs of slowing down in 2016, SEC enforcement director Andrew Ceresney said Thursday, saying new data analytics tools make it easier to detect insider trading and financial reporting fraud.

Ceresney rejected the notion that, as the 2008 financial crisis recedes even farther into the rear-view mirror, the corporate misconduct that sprung from it will decrease as well.

“I don’t think it’s gong to slow down,” Ceresney said during a corporate counsel event...
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