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<p>The Commission</p>
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<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 “April 5 Statement”) describing a control deficiency related to the separation of enforcement and adjudicatory functions within the agency’s system for administrative adjudication. As the </span><a href="https://www.sec.gov/news/statement/commission-statement-relating-certain-administrative-adjudications">April 5 Statement</a><span> explained, for a period of time, certain databases maintained by our Office of the Secretary (“OS”) were not configured to restri