Ghillaine Reid, a partner in Troutman Pepper Locke’s Securities Investigations + Enforcement Practice Group, was quoted in the September 23, 2026, Bloomberg Law article, “Life Sciences Meet SEC as Agencies Ramp up Information Sharing.”

  • The real-time information could give the SEC a leg up on investigations into alleged wrongdoing involving FDA-regulated companies, including insider trading and misrepresentations to the market.
  • Whether that translates to more enforcement actions is hard to tell, attorneys said.
  • “But one thing we can bank on is a more seamless investigative process as a consequence of this MOU,” said Troutman Pepper Locke’s Ghillaine A. Reid, a former SEC enforcement attorney. Each agency now has “particular points of contact” to share information and potentially facilitate enforcement actions, she said.
  • A more efficient, contemporaneous record could mean “a less protracted investigation process perhaps,” Reid said.
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