Will SEC Require Companies to Admit Liability?

Feb. 1 (Bloomberg Law) -- If the Senate confirms Mary Jo White as SEC chair, will she require mor...  More »

Feb. 1 (Bloomberg Law) -- If the Senate confirms Mary Jo White as SEC chair, will she require more companies to admit liability when they settle cases with the agency? Rick Firestone, a partner at McDermott Will & Emery LLP, tells Bloomberg Law's Lee Pacchia that it's more likely that Congress will increase financial penalties for wrongdoers than the SEC will require many more admissions of liability.  « Less