SEC Examines Role of Lawyers Highly-publicized business scandals are raising concerns over the role lawyers play in cases of corporate misconduct. Lawyers have been bound to inform company management of malfeasance. But under a new rule being considered by the Securities and Exchange Commission, they could be required to tell federal regulators as well. NPR's Jim Zarroli reports.

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SEC Examines Role of Lawyers

January 10, 200312:00 AM ET

Heard on All Things Considered

Jim Zarroli

SEC Examines Role of Lawyers

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Highly-publicized business scandals are raising concerns over the role lawyers play in cases of corporate misconduct. Lawyers have been bound to inform company management of malfeasance. But under a new rule being considered by the Securities and Exchange Commission, they could be required to tell federal regulators as well. NPR's Jim Zarroli reports.