This Article reviews attorney discipline by the Securities and Exchange Commission. The author examines the legal basis for the Commission's assumption of jurisdiction over attorney discipline and the appropriateness of using disciplinary proceedings as a means of coercing attorney "cooperation." The author criticizes the agency's assertion of expanded jurisdiction in the area. The author argues that an independent bar is essential to the integrity of the adversary system and that the adversary system performs a useful function in keeping those who govern us within the bounds of the Constitution and their legislatively delegated authority. The author also provides a comprehensive listing of publicly reported cases of attorney discipline.
John J. Kelleher,
Scourging the Moneylenders from the Temple: The SEC Rule 2(e) and the Lawyers,
San Diego L. Rev.
Available at: https://digital.sandiego.edu/sdlr/vol17/iss4/4