What the Government’s Expanded Investigations of Market Manipulation May Mean (and What You Should Do Before and After the Subpoena Arrives)

September 26, 2008
The SEC has announced a “sweeping expansion of its ongoing investigation into possible market manipulation in the securities of certain financial institutions.” This update examines the SEC’s investigatory program and suggests steps for financial firms to take prior to and after they receive a subpoena or other inquiry from the SEC Staff as part of this investigation.