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How Firms Can Prep for a More 'Aggressive' SEC, Law360

Tuesday, November 24, 2020

Morgan Lewis partner Jeffrey Boujoukos spoke with Law360 for an article about the likely impact of the COVID-19 pandemic and a Biden administration on the US Securities and Exchange Commission’s (SEC’s) enforcement priorities. Jeff noted that the uptick in tips and complaints filed with the commission amid the pandemic has created a backlog as well as an “opportunity for enforcement, because there's going to be a lot of different cases to choose from in terms of where you devote your resources.”

Jeff also discussed changes companies should be aware of regarding private funds and insider trading policies. "Companies should revisit insider trading policies, including procedures surrounding trading windows," he said. "For registrants, particular attention should be paid to instances where employees are playing multiple roles and get exposed to material non-public information. Enforcement has recently focused on such situations."

Read the full Law360 article >>