Ethics and Professional Responsibility for Attorneys in Securities Transactions

Ethics and Professional Responsibility for Attorneys in Securities Transactions

With the collapse of Enron and other major corporations, corporate governance and the individuals that contribute to the corporate governance framework have received significant public attention. "Investor confidence in the quality and integrity of public company corporate governance is compromised, and the pace of calls by the President, Congress, the Securities and Exchange Commission (the "SEC" or "Commission"), stock markets and other interested groups for regulatory reform has quickened dramatically." Given the continuous growth in stock prices, increased pressures of consolidation and global competition faced by professionals hired by the corporation (e.g. attorneys and accountants), and the increased value placed on equity based executive compensation, "the 1990's, at least in hindsight, can be seen to have created a potent recipe for failures of corporate responsibility."
 

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Attachment: http://www.lexisnexis.com/documents/pdf/20080507044727_large.rtf