SEC Enforcement’s Third Quarter: More Cases, Broader Reach
By EsqSocial Corporation 29/10/20
The Commission frequently increases the rate at enforcement actions are filed in advance of the September 30th fiscal year end. That fiscal year end is followed by Congressional budget hearings where statistics are at least one measure of performance. Yet filing over 120 enforcement actions as the Government fiscal year end approached roughly approximated the number of cases brought in the earlier two quarters of the year, clearly suggesting a push to increase the number of filings. The push...
By: Dorsey & Whitney LLP