Anita B. Bandy, Andrew M. Lawrence, Daniel Michael and Hannah Henderson

Skadden Discusses Approach of SEC Enforcement Division to Compliance Officer Liability

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In a speech on October 24, 2023, the director of the Securities and Exchange Commission’s (SEC’s) Enforcement Division, Gurbir Grewal, described the scenarios in which the commission would bring an enforcement action against a compliance officer.

In remarks to the …