SEC Settlements Reflect New Focus On Individuals

Law360, New York (June 27, 2012, 8:02 PM EDT) -- The U.S. Securities and Exchange Commission is on track to settle its most cases against individual defendants since the years before the financial crisis, meeting its pledge to hold more individuals accountable after missing the massive frauds perpetrated by Bernie Madoff and R. Allen Stanford, experts say.

In the first half of fiscal year 2012, the SEC settled 286 cases with individuals, putting it on pace to record 572 deals with individuals by year's end, which would be the most since 2005 and a 20 percent...
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