Settling SEC Defendants Never ‘Admit’ Wrongdoing But They Sometimes Later ‘Deny’ It

The SEC is emphasizing “no denials” as a key reason why its “no admit, no deny” policy should not be questioned by the courts. But defendants continue to deny wrongdoing in SEC cases after the ink dries on their settlements.

Read more: Settling SEC Defendants Never ‘Admit’ Wrongdoing But They Sometimes Later ‘Deny’ It — Enforcement Action