July.09.2015
Securities litigation and regulatory enforcement partner Elaine Greenberg spoke with The Bond Buyer regarding a bipartisan bill that would give the Securities and Exchange Commission the ability to levy higher civil monetary penalties against firms and individuals for securities law violations.
Ms. Greenberg noted that the bill would impact the SEC's enforcement actions against municipal entities and individuals for alleged fraud if it becomes law. Ms. Greenberg went on to say, "So this legislation, if it went through, would impact the SEC's ability to seek more severe and significant monetary penalties against municipal entities and persons associated with those entities."
Ms. Greenberg was formerly head of the SEC Enforcement Division’s Municipal Securities and Public Pensions Unit.