A Future Without SEC Tolling Agreements? Some Say “Not So Fast”
By EsqSocial Corporation 19/05/21
The SEC routinely requests individuals who may be the subjects or targets of investigations to execute agreements that delay or suspend the time period in a statute of limitations for an agreed period (commonly referred to as “tolling agreements”). This practice generally benefits both parties: the SEC can investigate at its own pace, and the putative subjects or targets have more time to argue why the SEC should not bring an enforcement action against them....
By: Carlton Fields