Defense Bill Significantly Bolsters SEC’s Disgorgement Authority
By EsqSocial Corporation 02/02/21
The National Defense Authorization Act (“NDAA”) became law on January 1, 2021 after Congress overrode a presidential veto of the legislation. While the NDAA appropriates funds for defense-related activities and the then-President objected to the legislation based primarily on collateral issues like liability for online content, the Act also will have a significant impact on securities law enforcement....
By: Bryan Cave Leighton Paisner