SEC Speaks '16: Enforcement Agenda Goes Beyond Disclosure

Law360, New York (February 22, 2016, 8:06 PM EST) -- At the annual "SEC Speaks" conference held Feb. 19-20, 2016, in Washington, D.C., the U.S. Securities and Exchange Commission's senior leadership reviewed the agency's efforts and priorities in 2015 and previewed upcoming trends for 2016 and beyond. SEC Chairman Mary Jo White's opening remarks cautioned that the SEC should not be considered a mere "disclosure agency," as she promised to use all of the tools at the SEC's disposal to carry out its regulatory mission. White underscored that these tools have broadened in recent years, ranging from proprietary technology used to monitor and detect market fraud, to enhanced regulatory authority under the Dodd-Frank Act. Looking back at 2015's accomplishments, White said the agency brought an unprecedented number of enforcement cases, had a record number of orders requiring penalties and disgorgement, and performed exams at a level not seen for the past five years....

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