• Implications of Recent Developments in SEC Enforcement: A Six Month Review
  • August 20, 2009 | Authors: John A. Freedman; Scott B. Schreiber; Michael D. Trager
  • Law Firm: Arnold & Porter LLP - Washington Office
  • In a March 2009 advisory, we reported on several developments during the first few weeks of a new administration and a new Securities and Exchange Commission (SEC) chair that signaled more aggressive SEC enforcement activity. These changes included dropping a practice requiring full Commission approval before Commission staff began negotiating civil monetary penalties with public companies; dropping the requirement for full Commission review of formal orders of investigation; and proposed legislation to expand SEC resources. www.arnoldporter.com