Lawyers Media News

Law Marketing Topics for September 28, 2022

Large-dollar settlements with government regulators will always draw attention from prospects.

"Does this apply to us?"

SEC Charges 16 Wall Street Firms with Widespread Recordkeeping Failures

The Securities and Exchange Commission just announced that 15 broker-dealers agreed to pay $1.1 billion to settle alleged violations of federal securities law violations. According to the government, the firms failed to keep records of frequent communications -- text messages via personal devices -- among employees regarding business matters.

Government enforcement actions generate high interest among companies whose executives justifiably wonder whether they might have legal exposure arising from the same, or similar, conduct. Publishing blog posts and client alerts containing accurate legal information about the laws in question along with analyses on compliance strategies are a great way to call attention to a law firm's expertise.