New 'Get Tough' Stance Will Put SEC to Its Proof

, New York Law Journal


In his Corporate Crime column, William F. Johnson, a partner at King & Spalding, writes: As the U.S. Securities and Exchange Commission rolls out new policies to enforce violations of securities laws, no matter how small, and to seek admissions from defendants in more settled cases, the SEC's ability to prove what it believes will be tested. Recent trial results have suggested more belief than proof.

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