Federal and State Securities Enforcement

Individual Accountability: Not Always Accomplished Through Enforcement

, New York Law Journal

   | 0 Comments

Mary Jo White and Andrew J. Ceresney, in their inaugural Federal and State Securities Enforcement column, write that several provisions passed into law under Sarbanes-Oxley were intended to advance individual accountability for senior executives and yield valuable lessons about the effectiveness of such provisions. In recent years, however, a different route has also emerged: a market-driven remedy where some companies have taken steps to reduce the compensation of senior executives after being caught in regulatory and reputational crosshairs.

This premium content is reserved for New York Law Journal subscribers.

Continue reading by getting started with a subscription.

Already a subscriber? Log in now

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202786743746

Thank you!

This article's comments will be reviewed.