SEC revamping enforcement arm

SEC logoThe Securities and Exchange Commission is upgrading itself, creating specialized units within its enforcement arm and offering financial-insider informants immunity from prosecution.  Law Professor Elizabeth Nowicki, a veteran of both the SEC and Wall Street, says the immunity for witnesses can help insure investors that the market is still relative safe.

“Offering immunity to a securities fraud participant in exchange for testimony is a small price to pay for the ability to bring down major fraud schemes that would otherwise be hard to prove.”

Contact Elizabeth Nowicki, 617-353-2807,

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