If the Senate confirms Mary Jo White as head of the Securities and Exchange Commission, she’ll be missing a lot of the enforcement tools readily available to her during her near-decade as U.S. attorney in Manhattan.
The threat of long-term prison sentences won’t be an option because the SEC handles only civil cases. Wiretaps, search warrants, undercover operations and grand-jury investigations are also out of the question…. But that doesn’t mean that the agency doesn’t have plenty of muscle to flex.
‘Enforcement 40’ for 2020
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