Regulatory Enforcement Partner Discusses Municipal Government Finance
CNBC
November.20.2013
Securities litigation and regulatory enforcement partner Elaine Greenberg was recently interviewed by CNBC about SEC regulation of municipal government finance.
"For a long time—predating 2008—there's been a concern at the SEC regarding the opaque nature of this market in terms of disclosure, in terms of pricing, that it is really unregulated," said Greenberg, who ran the enforcement division of the SEC's Municipal Securities and Public Pensions unit. "And the only way to get a handle on regulating the market is through enforcement."