Posts Tagged ‘Enforcement’
Fines Imposed by Capital Markets Agencies Drop Precipitously in First Half of ‘17: What Does This Signify?
As reported by The WSJ, fines imposed by the SEC, CFTC, and FINRA, the primary self-regulatory securities organization, all dropped dramatically in the Trump Administration’s first half-year compared with the first half of 2016. Total fines levied by these three agencies totaled nearly two-thirds less. Is this a mere coincidence with the new Administration’s initiatives to deregulate…Read More
Court Rulings on SEC’s In-house Courts May Accelerate Deregulatory Trend But Compliance Professionals Should Not be Complacent
Two recent federal appeals courts take opposite positions on the constitutionality of how the SEC hires its administrative law judges (ALJs), who administer the federal securities laws in its in-house courts. The D.C. Circuit found the process constitutional, while the 10th Circuit did not. Commentators note that, given this conflict and the importance of the issue for other federal…Read More