Thursday, October 18, 2007

SEC Backlog

Wilmer Hale's David Z. Seide and David A. Wilson have a fascinating commentary in the Legal Times titled, "Left Hanging: New Report Shows Need to Clear Up SEC Backlog."  The piece examines a recent GAO report that evaluates "the SEC Enforcement Division's systems for planning investigations and providing information to subjects of investigations."  The commentary discusses the difficulties faced by those under investigation, individuals who may be forced to put many things on hold just waiting for word on their case.


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