Regulators may get even stricter this year than they have been already, a veteran banking lawyer warns.

Government agencies could be motivated to step up enforcement in the coming year to quell public criticism "for not obtaining higher penalties and failing to bring charges against companies and executives," Rodgin Cohen, the senior chairman of the Sullivan & Cromwell law firm, said at the New York City Bar on Tuesday.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access