“In the short term, folks need to remember that, especially from an investigative and exam staff [standpoint], it will be a lot of business as usual,” Stephen Cohen, former associate director in the SEC’s Division of Enforcement, told me in a mid-February interview.
Cohen, who recently joined Sidley Austin LLP as a partner in the Securities & Derivatives Enforcement and Regulatory practice, noted that the agency has “hundreds of career staff that don’t take day-to-day direction from political appointees.” Indeed, Office of Compliance Inspections and Examination staff has already published its schedule for 2017. “They’re going to execute on that schedule,” he said.
via ‘Business as Usual’ at SEC Despite Staff Vacancies — ThinkAdvisor
