Rejecting the proposed settlement with Mr. Barasch and requiring admissions in a small number of cases are certainly baby steps, and may be little more than aberrations. But they could indicate that the S.E.C. understands how important perceptions can be, and intends to take a tougher stance in resolving cases.
via In S.E.C.’s Actions, a Hint at a Tougher Stance – NYTimes.com.