The Commission responded to critics of its administrative proceedings this week, proposing changes to the Rules of Practice which govern them. If adopted the new rules would modify the time period within which the actions must be completed, permit depositions …
This Week In Securities Litigation (Week ending September 25, 2015) Read More »
The SEC’s shift to administrative proceedings in recent months has spawned a series of suits against the agency challenging its forum selection authority. The suits have generally met with little success. Nevertheless, earlier this week, Judge Leigh Martin May, sitting …
SEC Insider Trading Case Brought As Administrative Proceeding Enjoined Read More »