Welcome to Compliance Hot Spots, our weekly snapshot on white-collar, regulatory and compliance news and trends. Today, we detail tensions between the SEC and the defense bar underscored by a recent speech by enforcement director Gurbir Grewal. Plus, Preet Bharara makes the move to Wilmer and Jones Day counsel former Attorney General William Barr in his Jan. 6 testimony. Please get in touch with tips and feedback. Contact me at [email protected] and @AGoudsward on Twitter.
Gurbir S. Grewal speaks at Seton Hall Law School. Photo: Carmen Natale/ALM
SEC Clashes with Defense Lawyers Over Delay Tactics
More than a decade ago, Robert Khuzami, then the head of the SEC enforcement division, gave a speech to an audience of white-collar lawyers lamenting “questionable tactics by defense lawyers in SEC investigations.”