Current focus areas for the SEC Enforcement Division include the issuance of stock options and the misuse of medical research data. Investigations concerning the former have increased greatly. For example, a recent report in the New York Times on June…

SEC recently filed yet another enforcement action claiming fraud under the headline “SEC Refiles Action Against Two Former Columbia Executives for Conduct Relating to Mutual Fund Market Timing Arrangements.” Lit. Rel. No. 19708 http://sec.gov/litigation/litreleases/2006/lr19708.htm This, of course, is not the…