DOJ preparing criminal charges against Wall Street executives

Eugene Goldman, a former SEC enforcement lawyer, said any proposal to expand bounty payments to whistleblowers would take years of review, hearings and an assessment of whether the SEC program has been effective.“Built-in deterrents against false and reckless accusations will need to be considered, given the temptation to seek awards beyond the current caps,” said Goldman, now a partner at McDermott Will

via DOJ preparing criminal charges against Wall Street executives.

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