The U.S. Securities & Exchange Commission’s new program rewarding individuals for their cooperation has been “a success,” said Enforcement Division head Robert Khuzami, speaking today at a securities law conference in Colorado.
Khuzami said about 25 people to date have signed agreements with the SEC, agreeing to provide inside information in exchange for reduced sanctions or no sanctions, and the number was “trending upward.”
Read more: SEC’s Khuzami Touts New Cooperation Program — Blog of the Legal Times
