Congress Expands SEC Enforcement Authority In Annual Defense Spending Bill
By EsqSocial Corporation 14/01/21
NDAA- Provisions On January 1, 2021, the National Defense Authorization Act (NDAA) for Fiscal Year 2021 became law. Section 6501 of the NDAA includes amendments to the Securities Exchange Act of 1934 (the “Exchange Act”), expanding the Securities and Exchange Commission’s (the “SEC”) ability to obtain disgorgement and other equitable relief in cases involving securities fraud......
By: Vinson & Elkins LLP