How Firms Can Prep For A More 'Aggressive' SEC

By Al Barbarino (November 24, 2020, 6:41 PM EST) -- With a Joe Biden presidency around the corner and U.S. Securities and Exchange Commission Chairman Jay Clayton officially announcing he'll depart by year-end, industry attorneys believe in-house legal and compliance professionals at financial firms should expect a more aggressive incoming enforcement regime.

Clayton and his enforcement division's focus has been on protecting Main Street investors from malevolent schemes and frauds, noted Matthew C. Solomon, a Cleary Gottlieb Steen & Hamilton LLP partner and the SEC's former chief litigation counsel.

The SEC doled out significant corporate penalties over the past four years, exemplified by a high-profile set of actions against Silicon Valley-based...

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!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!