As the new year begins SEC Enforcement appears to be at a cross-roads. Commissioners have, or will, depart; there are, or will be, new appointees. The reconstituted agency will have to determine if its current numbers-monetary-sanctions-publicity driven approach is actually …
Tag: broken windows
Broken Windows Continues: SEC Brings Group of Actions Centered on Section 13(d)(2) Violations
The “broken windows” approach to enforcement is alive, well and continuing. This time the Commission bundled together three groups of actions and eight proceedings, all centered on a failure to update disclosures tied to going private transactions: In the Matter …