by Anat Carmy-Wiechman
“While numbers are a small part of the story, in the last three fiscal years, we have brought record numbers of enforcement actions, obtained unprecedented monetary remedies in the billions of dollars, and returned hundreds of millions of dollars to harmed investors.”
Mary Jo White, SEC Chair, in recent talk at NYU
Are numbers a small part of the story? As Mary Jo White is stepping down from her post in January 2017, after almost four years at the SEC, now is a good time to look at the numbers and at the story they are telling. In a new report (PDF: 664 KB), the NYU Pollack Center for Law & Business, in collaboration with Cornerstone Research, investigated recent trends in enforcement via the Securities Enforcement Empirical Database (SEED). Continue reading →