Dan Hayes discussed the importance of maintaining a strong focus on corporate accounting misconduct as the agency refines its enforcement agenda. His comments appeared in “SEC’s Top Enforcement Cop Plans to Focus More on Financial Fraud.” The following is an excerpt:
That accounting project has lots of fans among the former SEC staff members who spoke with Barron’s.
“You know how much havoc some of these big corporate accounting fraud scandals can do to the investing public. It’s important for the commission to focus on those types of cases,” says Dan Hayes, a former SEC trial attorney now practicing in the Chicago office of Venable.