The Second Circuit clarified the application of the bespeaks caution doctrine, drawing a line between statements which might invite an inference of reducing risk in the future and characterizations which communicate a present or historical fact. Iowa Public Employees’ Retirement …

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For over a year an a half, there has been an on-going effort to rejuvenate SEC enforcement. Enforcement has new personnel, new organization and new initiatives. During this process the SEC’s market crisis investigations have yielded some significant cases such …

MEASURING THE SUCCESS OF SEC ENFORCEMENT Read More »