Corporate compliance and legal officers take note: You will not be dealing with the same Securities and Exchange Commission any longer.
So says Robert Khuzami, the SEC’s newly named director of enforcement. After six weeks on the job, Khuzami has outlined a range of reforms that the Enforcement Division will implement to improve its performance. His plans come on the heels of a scathing report from the Government Accountability Office, which recently flagged numerous weaknesses in the SEC’s enforcement program.
