Gatekeeper Liability
Gatekeepers—including attorneys, accountants, auditors, and compliance officers—play an important role in ensuring the integrity of the financial markets and protecting investors. Prosecutors and regulators have repeatedly made public statements warning gatekeepers that they are under scrutiny and will face individual liability if they fail to uphold their gatekeeping responsibilities.
In this CLE, Margaret Meyers and Rachel Mechanic discussed recent statements and guidance that seem to raise the stakes for gatekeepers in the financial sector. They also examined some recent cases that shed light on the factors that regulators consider when deciding whether to charge individual gatekeepers. Finally, they talked about best practices for individuals trying to fulfill their gatekeeping function.
- Statements by regulators that gatekeepers are an enforcement priority
- Proposed guidance for Chief Compliance Officer liability
- Recent enforcement actions against gatekeepers
- Best practices for gatekeepers
Speakers include:
- Rachel Mechanic
Partner, Perkins Coie - Margaret Meyers
Partner, Perkins Coie
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Speakers
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Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.