At the S.E.C., a Chance to Get Tougher on Settlements – NYTimes.com

Mary Jo White will have a long to-do list at the Securities and Exchange Commission….

Here’s a good place to start: The S.E.C. routinely lets companies and individuals settle cases against them without admitting or denying its findings. This lets bad actors pretend that they’ve done nothing wrong. It also makes it harder for investors to mount successful lawsuits against them.

via At the S.E.C., a Chance to Get Tougher on Settlements – NYTimes.com