The policy leads to “a very good end in many cases where you essentially get nearly all and perhaps sometimes more of the relief than you get after you’ve litigated … You get that money to investors very quickly,” SEC Chair Mary Jo White said in testimony before a U.S. House appropriations panel.
“Having said that, among the many things I am reviewing as the new chair, is that policy and protocol. I understand the desire for accountability,” she added.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn