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Ms. White probably will go down in history as one of the SEC’s most effective and successful leaders. In its 2015 fiscal year, the agency brought 807 enforcement cases, an unprecedented number, and secured orders directing penalties and disgorgement totaling $4.2 billion, an all-time high. There is no need to conscript Google, Yahoo and others […]
The Securities and Exchange Commission is pressing the Senate to scale back legislation it says will hamper its civil fraud cases, after the agency was caught flat-footed when the House unanimously backed the measure two weeks ago. via SEC Urges Senate to Tweak Email Privacy Bill – WSJ
The Email Privacy Act would standardize legal treatment by for email messages by eliminating the legal distinction between emails stored on a user computer and emails stored remotely. The bill would require law enforcement agencies to get warrants instead of subpoenas to obtain remotely stored communications from ISPs. via Reps shun law enforcement, cheer ‘slam-dunk’ […]
Andrew Ceresney, director of the Division of Enforcement at the Securities and Exchange Commission, said the Senate’s Committee on the Judiciary at a hearing on Wednesday morning that the pending Electronic Communications Privacy Act Amendments Act would impede the ability of the SEC and other civil law enforcement agencies to investigate and uncover financial fraud […]