Puffed-Up SEC Stats Fail To Truly Grade Enforcement Efforts
By Ed Beeson ( September 28, 2015, 7:29 PM EDT) -- A recent study of the U.S. Securities and Exchange Commission's enforcement program has confirmed what many attorneys have long suspected — that its annual tallies of cases are padded with seemingly rote or follow-on actions — but the real takeaway may be that these oft-touted numbers are a poor way of measuring the agency's enforcement activity....
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