Daily Archives: January 28, 2015, 12:31 pm

2014 Year-End Securities Enforcement Update — HLS Forum on Corp. Gov. and Fin. Reg.

The close of 2014 saw the SEC’s Division of Enforcement take a victory lap. Following the release of the statistics for the fiscal year ended September 30, Division Director Andrew Ceresney touted a few records—the largest number of enforcement actions brought in a single year (755); the largest total value of monetary sanctions awarded to the agency (over $4 billion);…

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The SEC’s New Preference For Administrative Proceedings — Conglomerate Blog

From a policy perspective, there’s reason to worry.  I did some litigation before an administrative tribunal, and it’s not that different from in court litigation, with the exception of evidence admissability and objections.  But it could be really quite different.  Hearsay is in theory fine, there’s no requirement that you be able to present evidence in person, and the judge works…

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SEC Co-Chief of Division of Enforcement’s Asset Management Unit Identifies 2015 Exam Priorities for Hedge and Private Equity Funds | The National Law Review

… Ms. Riewe identified three themes on which the SEC will focus in its examinations of hedge and private equity funds: (i) conflicts of interest, (ii) valuation and (iii) compliance and controls.  She discussed how these thematic issues related to both hedge funds and private equity funds. via SEC Co-Chief of Division of Enforcement’s Asset Management Unit Identifies 2015 Exam…

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