Law360, Los Angeles (January 27, 2014, 8:08 PM EST) -- U.S. Securities and Exchange Commission Chair Mary Jo White said Monday that there will be more admissions of guilt in settlements over Wall Street-related civil lawsuits in 2014, building on last year's change to the agency's controversial no-admit, no-deny policy.
The SEC will demand an increased number of admissions in cases involving egregious conduct that harmed large numbers of investors or where investors or financial markets were put at significant risk, according to White's keynote address at the 41st annual Securities Regulation Institute in Coronado, Calif.
White also said that the SEC is reconsidering what types of information it asks companies...
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!