Eric A. Tirschwell, Paul H. Schoeman Named Burton Award Winners
Stephen D. Zide Named One of Turnarounds & Workouts’ 2015 Outstanding Young Restructuring Lawyers
Please use the form below to search for any relevant publications pertaining to your specific needs. If you would like to be added to Kramer Levin's publications distribution list, please click onto the Publications Sign Up in the right side bar.
On February 6, 2009, in her first speech since becoming Chairman of the Securities and Exchange Commission, Mary Schapiro announced a significant policy change intended to restore greater power to the SEC’s Enforcement Staff to negotiate penalties against corporations. In her remarks at SEC Speaks, an event held annually by the Practicing Law Institute, Chairman Schapiro said she is ending the SEC’s two year "penalty pilot" program, which had required the Staff to obtain a special set of approvals from the Commission itself before negotiating settlements involving civil monetary penalties for public companies as punishment for securities fraud. Presumably, the Staff will now revert back to its historical practice of first negotiating with a prospective corporate defendant, and then presenting a final recommendation for the Commission’s approval only after reaching agreement with the company on the proposed settlement terms.