Article

| January 20, 2012

Multiple Representations: The SEC v. D&O Insurers

In January 2010, the Securities and Exchange Commission (SEC) announced a series of measures designed to encourage individuals and companies to cooperate earlier and more fully in the agency’s investigations and enforcement actions. The new initiative formalizes cooperation incentives to help investigators develop first-hand evidence. These new measures are set forth in a new section of the SEC’s Enforcement Manual, entitled "Fostering Cooperation."

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