Paul Weiss Discusses Enhanced Cooperation Between SEC and DOJ Antitrust Division

On June 22, the Antitrust Division of the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) announced that they have signed a memorandum of understanding (MOU) to enhance cooperation between the two agencies. According to the agencies’ press releases, the MOU (which has not yet been made available publicly) is the first of its kind between the two agencies and is meant to aid in the agencies’ efforts to promote competition in the securities industry. This development also suggests that each agency recognizes the potential benefits of the other’s expertise, and that the sharing of this … Read more