Daily Archives: February 16, 2017, 5:38 pm

SEC Chief Scales Back Powers of Enforcement Staff – WSJ

Mr. Piwowar’s goal wasn’t necessarily to reduce the number of enforcement cases pursued by the SEC, these people said, but was aimed at bringing consistency to a process he felt could be driven by differing standards and wasn’t subject to ample commission oversight. Specifically, Mr. Piwowar revoked authority that had given a broader group of enforcement division staff the power…

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