Quantcast
Don't miss
Home / Local / U.S. wants cash, not confession

U.S. wants cash, not confession

So routinely do people and firms resolve SEC cases “without admitting or denying” wrongdoing, as the agency’s boilerplate phrase goes, that even the guiltiest of fraudsters who confess in criminal court to the most audacious of crimes never come clean with the SEC, which has its own, civil cases to resolve.

Leave a Reply

Your email address will not be published. Required fields are marked *

*