‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInActing SEC Chair’s Steps to Centralize the Process of Issuing Formal Orders—Are Commentators Drawing the Right Lessons?
If these reports are accurate, however, what lessons may be drawn from the change? Initial reactions have largely focused on whether centralizing formal order authority with the Acting Division Director reflects an effort to slow the pace of SEC investigations. But this assertion seems incomplete at best, and may largely miss what is really going […]
SEC official says staff may have too much power over subpoenas — Reuters
A top U.S. securities regulator on Friday questioned the methods used by his agency to subpoena the targets of investigations, saying he feared they lack oversight and delegate too much power to enforcement attorneys. Speaking before the Los Angeles County Bar Association, Securities and Exchange Commission Republican member Michael Piwowar said he believes it is […]