Photos: Diego M. Radzinschi/ALM New Policies and Tough Talk: How the Biden Administration Is Turning Up Heat on Corporate America
As the Biden administration approaches one year in office, there are clear indications in rhetoric and in policy that agencies are laying the groundwork for more active corporate enforcement in the years to come.
December 16, 2021 at 03:00 PM
11 minute read
Deputy Attorney General Lisa Monaco, appearing virtually before an audience of corporate defense lawyers at a conference in Miami, warned white-collar prosecutors would no longer be deterred by a "fear of losing."
Days later, Securities and Exchange Commission Chair Gary Gensler, speaking at an enforcement forum, said the commission will seek out "high-impact cases," the kind that generate law firm client alerts and prompt compliance departments and lawyers to adjust their behavior.
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