Throughout the week over at Securities Docket I highlight the most interesting columns and blog posts from around the web on the subjects of SEC enforcement and securities litigation. Here is a digest of my picks for the week ending September 27, 2013.

Who speaks for the Compliance Officers?Michael Scher, The FCPA BlogThe Chamber apparently will not be satisfied until there is little or no [FCPA] enforcement. Most compliance professionals, however, would disagree; they believe that strong, fair enforcement by the DOJ and SEC is better for them, their companies and the public. 

Compliance professionals need their own seat at the table to advocate about DOJ and SEC enforcement policies that effect them.

In JPMorgan Settlement, Testing the Lines of Admitting Wrongdoing

Peter J. Henning, DealBook

The settlements announced on Thursday by JPMorgan Chase over the “London Whale” trading included a much-anticipated admission of wrongdoing in its resolution with the Securities and Exchange Commission.

But the bank has been unwilling to make such an admission in dealing with the Commodity Futures Trading Commission, which has notified it of a planned enforcement action for its trading.

If one is willing to admit to violating the law, why agree to settle with one agency but not another?

Don't get too excited about JPMorgan's admissions to the SEC

Alison Frankel, On the Case

But if you look closely at what JPMorgan actually admitted, you'll see that the SEC settlement won't be of much use to shareholders in the class action. Don't misunderstand me: JPMorgan is extremely unlikely to escape from the private shareholder case without paying a lot of money. That's not because of the SEC settlement, however. As I'll explain, the bank's lawyers did a very good job of tailoring JPMorgan's admissions to the SEC to minimize their impact in the class action. In fact, I suspect that future SEC defendants are going to look at the JPMorgan settlement as a model for how to quench regulators' thirst for blood without spilling a drop in parallel shareholder litigation.

SEC Whistles Grow Louder

Rebecca M. Katz, Martindale.com

I know I am not alone in wanting SEC whistleblower submissions to be resolved more quickly. Perhaps more than anyone else, the SEC wants this program to pick up speed. Sean McKessy, Chief of the SEC's new whistleblower office, has stated the same desire on more than one occasion, and I am confident that his team is doing everything they can to fast-track the program.

Besides the potential for awards, there are at least three positive signs that things are improving for potential whistleblowers since the inception of the SEC program.

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