October 22, 2014
Erika Kelton in American Banker, 10/22/14.
Bigger is definitely the signal the SEC is sending, according to Phillips & Cohen LLP attorney Erika Kelton. The SEC last month announced the largest ever whistleblower payout in its history. Kelton helped negotiate the record $30 million check that the SEC awarded her client.
“I’m very confident there will be even larger cases moving ahead, but they are not only focused on large ones.”
“SEC: Banks May Be Shifting Asset Risk for Better Capital Treatment.”