Skip to main content
Menu Icon Menu Icon

In The News

Tom Sporkin Quoted in Wall Street Journal Article, "SEC Breaks Record for Number of Enforcement Cases"

Thomas A. Sporkin

Tom Sporkin was quoted on October 11, 2016 in a Wall Street Journal article regarding a new SEC record for enforcement cases it has brought. The article reported, “The metric is seen by some within the agency as a superficial measure of the agency’s success, but SEC leaders routinely use it as a tool in their public-relations efforts and to lobby Congress for extra funding.”

Sporkin spoke regarding the agency’s “superficial measure of success” noting, the “mark of success might actually be better reflected by those [case] numbers going down.” He further elaborated: “The hope would be that Wall Street responded to years of aggressive enforcement by becoming more compliant with securities laws.”

Click here to read the full article at