All APs articles
The SEC has approved several amendments to its rules of practice regarding administrative proceedings. Most notably, the new rules provide parties to APs—for the first time—with the opportunity to conduct a limited number of depositions. Bruce Carton has more.
Constitutional challenges to the SEC’s use of administrative proceedings to carry out enforcement actions continue to find no success in federal circuit court. Last week, the Eleventh Circuit joined the three other circuits that have considered and rejected such challenges. More from Bruce Carton.