SEC enforcement director Gurbir Grewal spoke Thursday at a conference in Palo Alto, California. (Photo: Maria Dinzeo/ALM) SEC Enforcement Chief: 'It's No Longer Really a Question of If We'll Find Out About a Violation, but When'
"You don't need to conduct a complete internal investigation before coming in and speaking with us. The key here is to be up front." said Gurbir Grewal, director of the Division of Enforcement.
May 24, 2024 at 10:41 AM
7 minute read
Companies should be going above and beyond what's legally required to earn leniency from the Securities and Exchange Commission, its top enforcement official said at a gathering of white collar defense attorneys and in-house counsel in Palo Alto, California, on Thursday.
"The most frequent question I get asked is, 'What are the benefits of cooperating with the SEC?'" said Gurbir Grewal, director of the Division of Enforcement. Put another way, companies want to know what effective cooperation with the SEC looks like and how it can help them avoid being penalized for missteps.
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