As corporate scandals go global ever more frequently, so do regulatory enforcement efforts.
That’s according to Linda Chatman Thomsen, head of enforcement for the Securities and Exchange Commission’s enforcement division. Speaking last week at Compliance Week 2008, Thomsen told some 500 corporate legal and compliance officers that information sharing among regulators is becoming dramatically easier and much more common.
“In the future you can expect increasing global coordination on the law enforcement front,” she said. The SEC is “moving to a stage where we’re not just sharing information and providing assistance, but we’re thinking about how to do global law ...