Although Mr. Grewal said he welcomed zealous advocacy, he added that he was frequently hearing from SEC staff about behavior that crossed the line to what he called “gamesmanship.”
“Too often, we see defense counsel—sometimes even including [SEC enforcement division] alums—engage in conduct that seems to have little purpose other than to delay our investigations,” Mr. Grewal said Thursday at the Securities Enforcement Forum West 2022, which was held in East Palo Alto, Calif.
Source: SEC Official Decries Delay Tactics Used by Some Defense Lawyers – WSJ