Today's General Counsel, Spring 2019

Page 54

SEC ZEROS IN ON

CELEBRITY PROMOTIONS BY ER A MICHAEL RIV YI AND ABBY

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T Photo: @FloydMayweather–Twitter

he personal problems of celebrities are often widely publicized. An overlooked beneficiary of such publicity can be the Securities and Exchange Commission (SEC). News of an SEC enforcement action involving a celebrity reaches a larger, more diverse audience than does a typical enforcement action — public company record-keeping violations are not featured on TMZ.


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