Foley Hoag LLP partner John Murray co-authored a chapter in the 2021 Edition of the SEC Compliance and Enforcement Answer Book, edited by David M. Stuart and published by Practising Law Institute.
This edition of the SEC Compliance and Enforcement Answer Book provides insight into the practices and procedures of the SEC as well as the complex and extensive body of federal securities laws. The publication also addresses investigations involving insider trading, accounting and financial reporting, market manipulation, the Foreign Corrupt Practices Act, cryptocurrency, and regulated entities, along with special issues related to investigations of attorneys and accountants and to whistleblowers.
Murray co-authored Chapter 16: “Market Manipulation Investigations” with Joseph Dever, member at Cozen O'Connor, with assistance from Foley Hoag litigation associate E. Jacqueline Chávez, and Cozen O’Connor associate Andrew Punzo. The chapter provides an overview of the statutory framework and common forms of manipulation, examines the courts’ efforts to delineate the boundary between legitimate trading activity and open-market manipulation, and discusses the process by which the SEC investigates manipulation as well as the tools it uses in doing so. An excerpt of the chapter can be viewed here
Murray is a partner in Foley Hoag's Securities Litigation and White Collar Crime & Government Investigations practices. His legal practice over the past two decades, at two global law firms and in the Division of Enforcement of the U.S. Securities and Exchange Commission, has focused primarily on government and corporate internal investigations, securities and commercial litigation and related compliance matters.