SEC Operations

The SEC submitted a 2018 fiscal year budget request of $1.602 billion on May 23—a budget level that is essentially flat when compared with its ...

Years of wrangling over the constitutionality of the SEC’s ALJ setting appears to be coming to a head. Ten appeals court judges heard arguments May ...

In light of the U.S. Court of Appeals for the Tenth Circuit’s recent decision denying rehearing en banc in Bandimere v. SEC,1 we find it ...

The Advisers Act expects that access persons will report their securities transactions and that you’ll review them. A former SEC staffer found there’s a price ...

In addition, an active IPO market can enhance efficient decision-making among suppliers of capital. The robust disclosures generated by newly public firms provide investors ...

One year after the SEC’s OIG released a report recommending that OCIE provide it with a copy of a consultant’s study, the inspector general announces ...

As regulators, we also have a responsibility to ensure that our rules are functioning as intended and in an effective and efficient manner. We must ...

The SEC's complaint alleges that David R. Humphrey, who worked at the SEC from 1998 to 2014, concealed his personal trading from the SEC's ethics ...

We often witness the devastation suffered by victims of securities fraud. Whether fraudsters cold-called their victims to peddle their fraudulent “investment opportunities”, or sat ...

Former Sullivan & Cromwell Partner Jay Clayton was sworn in May 4 as chairman of the SEC, two days after the Senate confirmed him for the role. ...