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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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Exchange Act Amended To Address Disgorgement Penalties


Friday, February 5, 2021
The New Year is still young, but major changes are already afoot in securities enforcement as Congress amended the Securities Exchange Act of 1934 (“Exchange Act”) on January 1, 2021. It was easy to miss these changes to the Exchange Act as they were included in the unlikeliest of places – the National Defense Authorization Act for Fiscal Year 2021 (“NDAA”), which chiefly dealt with appropriations for military activities. Specifically, Section 6501 of the NDAA (“Section 6501” or the “Amendment”) offered a number of amendments to the Exchange Act, including to the SEC’s ability to seek disgorgement and other equitable relief for violations of the federal securities laws. The Amendment appears to be a direct response from Congress to recent Supreme Court decisions  ....

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Congress Amends Exchange Act Of 1934 To Address Disgorgement Penalties In Defense Spending Bill | Polsinelli


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The New Year is still young, but major changes are already afoot in securities enforcement as Congress amended the Securities Exchange Act of 1934 (“Exchange Act”) on January 1, 2021. It was easy to miss these changes to the Exchange Act as they were included in the unlikeliest of places – the National Defense Authorization Act for Fiscal Year 2021 (“NDAA”), which chiefly dealt with appropriations for military activities. Specifically, Section 6501 of the NDAA (“Section 6501” or the “Amendment”) offered a number of amendments to the Exchange Act, including to the SEC’s ability to seek disgorgement and other equitable relief for violations of the federal securities laws. The Amendment appears to be a direct response from Congress to recent Supreme Court decisions ....

United States , Charles Kokesh , Supreme Court , Exchange Act On , Us Supreme Court , National Defense Authorization Act For Fiscal Year , Securities Exchange , New Year , Securities Exchange Act , Exchange Act , National Defense Authorization Act , Fiscal Year , ஒன்றுபட்டது மாநிலங்களில் , சார்லஸ் கோகேஷ் , உச்ச நீதிமன்றம் , பரிமாற்றம் நாடகம் ஆன் , எங்களுக்கு உச்ச நீதிமன்றம் , தேசிய பாதுகாப்பு அங்கீகாரம் நாடகம் க்கு நிதி ஆண்டு , பத்திரங்கள் பரிமாற்றம் , புதியது ஆண்டு , பத்திரங்கள் பரிமாற்றம் நாடகம் , பரிமாற்றம் நாடகம் , தேசிய பாதுகாப்பு அங்கீகாரம் நாடகம் , நிதி ஆண்டு ,