The U.S. Securities and Exchange Commission is hiring two new administrative law judges and three law clerks as its lawyers turn increasingly to the agency’s administrative court as a preferred venue over federal court for filing enforcement actions. via U.S. SEC beefs up administrative court to meet rising demand | Reuters
The former chief executive of California’s massive pension fund will plead guilty in connection with an influence-peddling scandal that rocked the state capital in 2009 and 2010, his attorney said. via Ex-CalPERS chief to plead guilty – Los Angeles Times.
Get caught up with the Securities Docket News Wire for June 30, 2014.