The Wall Street Journal's Risk and Compliance Journal
July.09.2013
This article about the SEC changing its policy to require companies to admit guilt when settling in cases of egregious conduct or widespread investor harm quotes partner Jim Meyers.
"If Mary Jo White and the Enforcement Division are intent on meaningfully applying this policy, then I have little doubt it will have a chilling effect on companies settling with the SEC," said Meyers.
He also stated that in settlement negotiations he would "argue even more vociferously than I did before."