"Wildcatting" for Fraud: A New Investigative Approach by SEC Enforcement?

Mondaq Business Briefing,  May, 2004  

Tags: SEC

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By William R Baker III (Washington D.C. office), David M. Brodsky, Alexandra A.E. Shapiro and Noreen A. Kelly-Najah (New York office)

Despite a formidable history and a number of recent successes, the Securities and Exchange Commission continues to receive criticism from Congress, the public and the press for failing to move quickly to detect and prevent the series of crises that have confronted the securities markets. In a recent speech to the District of Columbia Bar Association, Stephen M. Cutler, the Director of the Division of Enforcement, outlined some changes at the Commission designed to meet this ...