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Even before Enron's collapse, the Securities and Exchange Commission was stepping up enforcement against false financials. Enron fallout will increase the SEC's and Justice Department's interest in these cases. It is, therefore, an increasing priority for in-house counsel to set up mechanisms that can prevent financial reporting problems, spot irregularities and address the consequences when prevention fails.
May 02, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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