Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. This week Matt and Tom take a deep dive into a recent speech by SEC Commissioner Caroline Crenshaw on a new philosophy in SEC financial penalty enforcement.

Some of the issues we consider are:

  • Who is SEC Commissioner Caroline Crenshaw?
  • What was the 2006 policy regarding enforcement priorities?
  • What changes did Commissioner Crenshaw propose?
  • What about the timing of the remarks?
  • Is this a response to the Supreme Court decision in Lui?
  • What does this mean for compliance officers?

Resources

Matt’s blog post on Radical Compliance:

SEC Enforcement Speech, Umm Wow 

2006 SEC Enforcement Policy Statement