Menu

Trending news

Ian Roffman quoted in “Enforced Cooperation – Will the SEC’s new enforcement regime yield better results?”

Print PDF
CFA Magazine
January/February 2012

Ian Roffman, a partner in the firm’s Securities Litigation and Government Enforcement practice groups and a former SEC prosecutor, was quoted in “Enforced Cooperation – Will the SEC’s new enforcement regime yield better results?” in CFA Magazine’s January/February 2012 issue. The article discusses the recent deferred prosecution agreements between Tenaris, steel tubes manufacturer and energy industry service provider, and Carter’s, a children’s clothing manufacturer, with the U.S. SEC. The SEC’s new cooperative enforcement regime, announced in January 2010, encourages companies and individuals to self-report federal securities law violations and offer greater cooperation. Questions have recently surfaced regarding whether the new regime will render watered-down investigations. “I don’t think the investigations (into Carter’s or Tenaris) were any less vigorous,” says Ian. “The SEC was finding the right balance between crediting good behavior and not letting bad behavior get a full pass.”

More News >