SEC Chairman Schapiro Announces Immediate Measures to Bolster Enforcement

SEC Chairman Mary Schapiro delivered a speech this morning at PLI”s 2009 “SEC Speaks” conference that announced several important new Enforcement Division initiatives, including the end of the SEC’s two-year “penalty pilot” experiment and the implementation of a system permitting more rapid approval of formal orders of investigation.

Full details and a copy of the speech are available at this post on my Enforcement Action blog over at Compliance Week.