Coming out ahead on any of these fronts would be a boon for the agency, but for the moment the S.E.C. finds itself on the defensive….
Many within the S.E.C. have expressed frustration at what they see as a one-sided look at the agency’s track record.
Addressing the critics, Andrew J. Ceresney, the director of the S.E.C.’s enforcement division, pointed to the agency’s record number of enforcement actions across the securities markets.
On the Defensive, the S.E.C. Quietly Pursues High-Profile Cases – The New York Times.