Schapiro and Khuzami have portrayed the insider cases as the tough new face of an SEC determined to root out financial crime…..
The insider-trading cases have done little to mute the continuing cry from Congress and media commentators for punishment of the executives who brought down the financial system through the manufacture of high-risk debt instruments.
Read more: “Schapiro SEC Seen Ineffectual Amid Dodd-Frank Funding Curbs” — Bloomberg News