New England Biz Law Update

Securities and Exchange Commission examinations are crucial to the agency’s efforts to enforce the federal securities laws. The mere threat of an SEC examination, particularly in the current regulatory climate, provides a strong incentive for investment advisers and investment companies ...

Judging from a recent string of high-profile settlements, the Securities and Exchange Commission is placing greater importance on corporate cooperation in its investigations, rewarding full cooperation in appropriate circumstances, and more importantly, penalizing the lack of it with steep penalties.1 ...