Dec
27

After Uncertain Year, New Administration Portends Shift in Wall Street Scrutiny

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Gary D. Cohn, the choice as the top economic policy adviser in the Trump administration. He is one of several people from Goldman Sachs whom Donald J. Trump has tapped for important roles.CreditSam Hodgson for The New York Times

The Scottish poet Robert Burns once wrote “there is no such uncertainty as a sure thing.” There seemed to be any number of sure things this past year, from the outcome of the presidential election to how the Supreme Court would cut back on insider trading.

They turned out to be anything but what many had hoped.

Among the coming changes will be a new administration in Washington that portends a shift in the types of cases investigated and the crimes prosecuted. New leadership at the Securities and Exchange Commission and the Commodity Futures Trading Commission means that the markets will have to adjust to a different view of what constitutes a violation — and perhaps a reduced emphasis on enforcement as a primary tool to regulate trading and corporate misconduct…

After Uncertain Year, New Administration Portends Shift in Wall Street Scrutiny

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