SEC Finds Enforcement Staff Accessed Privileged Docs

Share on facebook
Share on twitter
Share on linkedin
Share on reddit

By Lauren Berg (April 5, 2022, 11:13 PM EDT) — The U.S. Securities and Exchange Commission said in a notice Tuesday that some of its enforcement staff members improperly accessed adjudicatory materials for cases being litigated in the agency’s in-house court system.

The SEC said it has two main sets of employees — an enforcement division that investigates securities violations and an adjudication division that helps the commission issue opinions and orders for its in-house court system — who are necessarily separate, meaning the investigators do not participate in the decision-making process.

However, the agency released findings from an internal review that found some enforcement staff in 2017 had access to…

Read more

Explore the site

More from the blog

Latest News