SEC Enforcement To Zero In On Retail Investor Harm

Law360, New York (October 26, 2017, 8:51 PM EDT) -- The U.S. Securities and Exchange Commission’s enforcement division plans to bring a data-heavy approach to spotting and combating abuses of mom-and-pop investors as part of its new focus on the area under Chairman Jay Clayton, a top agency official told a conference of lawyers on Thursday.

Giving the keynote speech at the annual Securities Enforcement Forum in Washington, D.C., Stephanie Avakian, a former WilmerHale partner who co-heads the SEC’s enforcement division, said the agency has begun assembling a task force dedicated to curbing practices that are...
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