Credit: Shutterstock photoNorm ChampSecurities and Exchange Commission
National Society of Compliance Professionals
Elizabeth Knoblock Champ's comments may signal increased SEC enforcement of conflict of interest violations, said Elizabeth Knoblock , partner with Mayer Brown . "The best thing [the SEC] can do as a message to the industry is bring a really high-profile enforcement action and see it through to a million-dollar penalty, or more," she said. Knoblock advised C/Os to identify, detect and correct potential conflicts of interests and immediately disclose violations to the SEC.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright © 2010 Institutional Investor
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
