Thoughts on the SEC’s Public Response to Judge Rakoff

December 13, 2011 | The Insider: White Collar Defense and Securities Enforcement

The November 28, 2011 decision of Judge Jed S. Rakoff to reject the proposed settlement of the SEC’s enforcement action against Citigroup Global Markets, Inc. for alleged misdeeds in connection with a particular collateralized debt obligation (“CDO”) has been the subject of much attention. The [...]