Ethics

Executive Beware: The SEC Now Wants To Police Unethical Corporate Conduct — Forbes

By Securities Docket on June 26, 2014, 4:00 pm

Big violations are easy to define and the bad actors most always know they are engaging in wrongdoing, but what constitutes a small violation worthy of the costs and ramifications of a federal civil prosecution? Where will the SEC draw that blurry line between conduct that is unlawful versus merely unethical? Or, in the eyes […]

Posted in SEC, Top | Tagged Broken Windows, Ethics

SEC Chief Given Waiver on Work for Former Client – GovExec.com

By Securities Docket on February 11, 2014, 7:35 am

An agency ethics office has given the chief of the Securities and Exchange Commission the go-ahead to end her recusal from cases involving a major bank that was among her prior clients at a Wall Street law firm. Mary Jo White received word in a Feb. 6 letter that waiving a part of her standard […]

Posted in SEC, Top | Tagged Commissioners, Ethics

Banned Stocks Held by SEC Employees Trigger Agency Ethics Review – Businessweek

By Securities Docket on January 21, 2014, 2:29 pm

Securities and Exchange Commission attorneys are reviewing the stock holdings of about 3,400 employees after some New York staffers were found to own securities prohibited by ethics rules. via Banned Stocks Held by SEC Employees Trigger Agency Ethics Review – Businessweek

Posted in SEC, Top | Tagged Ethics

New York lawyers generally cannot seek bounties under Dodd-Frank, says New York Ethics Committee – Proskauer

By Securities Docket on October 14, 2013, 10:29 am

The New York County Lawyers Association Committee on Professional Ethics released Formal Opinion 746 on October 7, in which the Committee considered whether New York lawyers can ethically collect bounties for submitting confidential information about their clients under the whistleblower provisions of the Dodd-Frank Act. According to the Formal Opinion, New York lawyers may not […]

Posted in Industry, Top | Tagged Bounties, Ethics