News

Teresa Goody Guillén, Kevin Edgar Talk to Wall Street Journal, Reuters Regarding Expanded SEC Disgorgement Authority

News / December 29, 2020

Partner Teresa Goody Guillén is quoted in an article published by The Wall Street Journal on Dec. 29, 2020. The article, “Defense Bill Proposes to Expand SEC’s Authority in Seeking Disgorgement,” reports on how the annual defense bill contains amendments that would strengthen the government’s ability to seek disgorgement for security law violations.

The provision would allow the SEC to request higher amounts of disgorgement in cases, which could make litigation processes more aggressive and impact the calculus of settlements, Goody Guillén said. “This would change the dynamics of enforcement cases,” she said.

In addition, Goody Guillén and Counsel Kevin Edgar were interviewed for an article published by Reuters.com on Dec. 23, 2020, on the same topic.

Wall Street Journal (registration required).

Reuters.