Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Monday, August 16, 2010

SEC Empowers and Emphasizes Enforcement Division

SEC Chair Mary Schapiro has consistently stated that enhancing and improving the agency's Enforcement Division was one of her priorities in restoring the SEC's reputation.  Two recent examples of this commitment:

1.  Zachary Goldfarb reports that the SEC has made permanent Enforcement's power (previously granted on a temporary basis) to subpoena documents and testimony in an investigation without obtaining approval from the Commissioners; WPost, SEC enforcement division granted permanent subpoena powers.

2.  The SEC's website now prominently displays an icon for the Enforcement Division on the upper right-hand corner, with links to its "headline" cases (e.g., Wyly Brothers, Citigroup, Goldman Sachs).

SEC Action | Permalink

TrackBack URL for this entry:

Listed below are links to weblogs that reference SEC Empowers and Emphasizes Enforcement Division:


On PLI's Securities Law Practice Center we just featured a helpful memo sent to us from Sullivan & Cromwell that explains some of the important changes at Enforcement such as permanent subpoena power and compelling testimony. Here is a link:

Posted by: Kara O'Brien | Aug 17, 2010 9:03:18 AM

Post a comment