At a July 13 open meeting, the SEC members are scheduled to vote on amendments to rules for administrative proceedings, according to a notice posted on the agency’s website. An SEC spokeswoman wouldn’t reveal any more detail about the reforms.
Last September, the agency proposed a rule that would give parties in a case more time to prepare for a hearing, allow for depositions, and clarify the use of hearsay and affirmative defenses.
via SEC set to reform administrative law process — Investment News
