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Expert Analysis

CHOICE Act's Potential Outsized Influence On The SEC

By Daniel Chirlin, Walden Macht & Haran LLP (May 16, 2017, 5:40 PM EDT) -- Much ink has been spilled — both in briefs and in the court of public opinion — debating the U.S. Securities and Exchange Commission's unfettered use of administrative proceedings to bring enforcement actions against respondents. But recently, the House Financial Services Committee brought the country one small step closer to circumscribing the SEC's enforcement authority and effectively eliminating administrative proceedings as an enforcement tool....

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