Securities and Exchange Commission (SEC) enforcement chief
Robert Khuzami has reason to be happy. His division recently
secured one of the countrys highest-profile insider
trading convictions, filed more cases in 2011 than any previous
year (leading to $2.8 billion in penalties and disgorgements)
and has successfully revamped the Commissions
division was left relatively untouched by Dodd-Frank. But the
Commissions expanded jurisdiction means the enforcement
unit is about to get a lot busier. He spoke to IFLR recently.
At the start of 2010
you said the introduction of cooperation, deferred prosecution
and non-prosecution agreements could be a game-changer for the
division. How successful have they been?
I think its been very successful. Looking...