SEC Rescinds Policy Regarding Denials of Settlements in Enforcement Actions
- The Securities and Exchange Commission today rescinded a policy, codified in Rule 202.5(e) of its informal rules of procedures, stating that when it chooses to settle an enforcement action in which a sanction is imposed, it will not settle unless...
SEC Charges 21 Individuals with Alleged Wide-Reaching Insider Trading Scheme
- The Securities and Exchange Commission today charged 21 individuals for their alleged involvement in a decade-long insider trading scheme that used information misappropriated from multiple global law firms and resulted in millions of dollars in...