SEC's 2013 Enforcement Stats Driven By Throwaway Cases

Law360, Los Angeles (October 25, 2013, 7:32 PM EDT) -- More than half of the cases filed by the U.S. Securities and Exchange Commission so far this year are administrative cases that piggybacked on earlier actions or delinquent filer actions, according to a new report released Friday by Morvillo Abramowitz Grand Iason & Anello PC.

Morvillo Abramowitz's report analyzed the work of the SEC's Division of Enforcement in 526 cases filed between Jan. 1 and Sept. 30 in federal court or in an administrative proceeding. The report found that 159 of the cases — approximately 30...
To view the full article, register now.