The Current Enforcement Environment and the Corporate Response
2 May 2007
Mayer Brown Article
2 May 2007 - SEC and Justice Department Policies Require Self-Reporting, Extensive Cooperation, and Remediation by Corporations for Favorable Settlements of Enforcement Actions, Most Notably the Waiver of Privilege Protections. Despite Widespread Protests that the Government Has Gone too Far, Recent Deferred Prosecution Agreements and SEC Settlements Suggest that Full Compliance Remains the Key to Avoiding Outsized Monetary Penalties. The First of a Two-Part Article.