Khuzami supports SEC's lawsuit-settlement policy

04/3/2013 | Wall Street Journal/CFO Journal, The

The Securities and Exchange Commission's policy of agreeing to settlements with companies that neither admit or nor deny allegations makes sense, says a former head of the Division of Enforcement, Robert Khuzami. "By admitting wrongdoing in the government investigations, which companies might well be prepared to do, they face a great deal of liability on the civil side and, in fact, the admissions may well be tantamount to conceding liability on the civil side," Khuzami said.

View Full Article in:

Wall Street Journal/CFO Journal, The

Published in Briefs: