Signaling Tougher Tone, Biden Administration Steps Backward

December 9, 2021  |  New York Law Journal

The Biden Justice Department and SEC have served notice on the business and financial community that they intend to be tougher on corporate wrongdoing. The key policy changes they have outlined so far, however, mirror those attempted by the Obama Administration, which were forcefully criticized for increasing costs but having dubious impact on meeting enforcement goals. In our latest article for the New York Law Journal, “Signaling Tougher Tone, Biden Administration Steps Backward,” we analyze recent statements by the new leaders at DOJ and SEC and the policy changes announced.

Signaling Tougher Tone, Biden Administration Steps Backward (pdf | 187.68 KB)