Enforcement, Peirce said in her speech, isn’t “an end goal” for the SEC, but rather “a last resort.”
“We cannot bring every case under the sun, but must focus on the cases that will actually make a difference,” she said in the remarks prepared for the 50th Annual Rocky Mountain Securities Conference. “This careful approach to enforcement is what we owe taxpayers, investors, and all of the participants in our capital markets.”
via SEC’s Peirce Details ‘The Why Behind the No’ Votes on Enforcement | Bloomberg Law.
