On September 5, 2013, the SEC quietly issued an Order stating that Spencer C. Barasch was reinstated to practice as an attorney before the Commission. The Order seems to bring to a conclusion an over eight-year saga in which Barasch went from being an associate district director for the SEC’s Division of Enforcement in its Fort Worth office to what I previously described as “the poster boy for those who believe a revolving door between the SEC and the private sector hinders the aggressive enforcement of securities laws.”
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