Story perspectives

SDNY Shifts Focus: More Executives Face Fraud Charges

2/27/2026

Summary

Story summary

The Southern District of New York is shifting its approach to corporate fraud prosecutions to hold more executives accountable.
Jay Clayton, prosecutor for the Southern District of New York, advocates for individual charges rather than corporate fines.
He urges companies to cooperate by providing evidence against their executives.
The trend toward individual prosecutions began in the Obama administration and was relaxed under U.S. President Donald Trump.

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Story summary

The Southern District of New York is shifting its approach to corporate fraud prosecutions to hold more executives accountable.
Jay Clayton, prosecutor for the Southern District of New York, advocates for individual charges rather than corporate fines.
He urges companies to cooperate by providing evidence against their executives.
The trend toward individual prosecutions began in the Obama administration and was relaxed under U.S. President Donald Trump.