Speech by Gurbir S. Grewal — Remarks at Securities Enforcement Forum

I want to pause here for a moment because I don’t want an important aspect of the nineteen resolutions I just discussed to get overshadowed by the dollar figures at play. Each of them also involved admissions of wrongdoing. Admissions are an incredibly powerful accountability measure and you should expect us to continue seeking admissions in similar cases. And as I’ve said before, when we put them on the table it’s not to gain an advantage in negotiations. We’ll litigate those matters.

Source: SEC.gov | Remarks at Securities Enforcement Forum