Companies Heed SEC Call for Self-Reporting, but Want Clear Perks (Bloomberg Law)
Bloomberg Law, November 29, 2023
Companies Heed SEC Call for Self-Reporting, but Want Clear Perks
Chair Gary Gensler in the SEC’s annual enforcement report, announced Nov. 14, highlighted several actions in which the SEC ordered zero or reduced penalties based on cooperation. The director of the agency’s enforcement division, Gurbir Grewal, said at a recent New York City Bar Association event that cooperators were frequently rewarded in fiscal 2023.