The U.S. Securities and Exchange Commission (SEC) recently had to contend with allegations regarding potential ethical breaches. However, a report from the SEC’s Inspector General has now cleared a senior adviser at Simpson Thacher & Bartlett LLP of all ethics charges. This investigation stemmed from a request by Empower Oversight, a whistleblower protection organization, whose president, Tristan Leavitt, stated that the public’s confidence in government institutions continues to wane, posing significant challenges for the SEC.
While full details of the investigation’s findings are available in the original piece, which details SEC’s internal review processes and the specific allegations involved, you can read more about it in the National Law Journal’s coverage.