Program on Corporate Compliance and Enforcement

SEC Chair Mary Jo White Addresses a New Model for SEC Enforcement

Chair of the U.S. Securities and Exchange Commission Mary Jo White Addresses a New Model for SEC Enforcement

On November 18, 2016, PCCE and the NYU Pollack Center for Law and Business co-sponsored an address by the Chair of the United States Securities and Exchange Commission, Mary Jo White. Before a packed audience in NYU Law’s Greenberg Lounge, Chair White delivered the address A New Model for SEC Enforcement: Producing Bold and Unrelenting Results.  Chair White focused on how the SEC has changed its approach to enforcement in order to more effectively punish and deter white-collar misconduct.  She highlighted several important changes including: (1) instructing staff to conduct all investigations with the aim of obtaining evidence for use in litigation, (2) increased use of data analytics to detect and investigate misconduct, (3) expanding the use of, and rewards paid to, whistleblowers, and (4) increased focus on enforcement actions against the individuals responsible for misconduct, including senior officials.