“SEC: Banks May Be Shifting Asset Risk for Better Capital Treatment.”

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.”