The top U.S. securities regulator on Wednesday will try to answer complaints it stacks the deck against defendants at in-house trials by approving its first major revisions to the administrative proceedings in two decades.
But the changes by the Securities and Exchange Commission may not silence critics. The 13 comment letters it received after proposing the revisions in September all sent the same message: They do not go far enough.
via Many fear changes to U.S. SEC’s in-house trials not enough | Reuters
