Jay Rosen wondered in December if companies would be more inclined to resolve outstanding enforcement actions under the outgoing Obama administration or wait to see what might happen under a Trump administration. The answer is now clear.
From December 23rd through this week, DOJ and SEC officials have announced nearly $20 billion in fines and penalties. According to the Financial Times, this amount “exceeds the $15.3 billion from all criminal and civil actions in fiscal 2016.”
‘Enforcement 40’ for 2020
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