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SEC: Second Commission Statement Relating to Certain Administrative Adjudications

<div class="article-person-position"> <div class="field speaker name and title"> <p>The Commission</p> </div> </div> <p class="article-publishdate">June 2, 2023</p> <p><span>On April 5, 2022, the Commission issued a Statement Relating to Certain Administrative Adjudications (the &ldquo;April 5 Statement&rdquo;) describing a control deficiency related to the separation of enforcement and adjudicatory functions within the agency&rsquo;s system for administrative adjudication.&nbsp; As the&nbsp;</span><a href="https://www.sec.gov/news/statement/commission-statement-relating-certain-administrative-adjudications">April 5 Statement</a><span>&nbsp;explained, for a period of time, certain databases maintained by our Office of the Secretary (&ldquo;OS&rdquo;) were not configured to restri

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