SEC Enforcement Director and SDNY/EDNY Officials Address Enforcement Priorities | Corporate Defense and Disputes

Director Grewal stated that his mission is to restore public trust in the securities markets through proactive enforcement efforts….

***

Focusing on emerging risk areas.  Director Grewal mentioned three such areas:

• Private funds, where “opacity” is “concerning,” including as to fees and expenses, conflicts of interest, and fraud;
• Crypto, an area where he said recent events have borne out the risk profile; and
• ESG, including asset managers’ not following their policies and procedures in marketing ESG funds.

Source: SEC Enforcement Director and SDNY/EDNY Officials Address Enforcement Priorities | Corporate Defense and Disputes