SEC Nearly Always Unanimous On Whether To Sue: Records

By Martin O'Sullivan (October 27, 2016, 8:39 PM EDT) -- The U.S. Securities and Exchange Commission votes with near-constant harmony in choosing to bring federal cases against individuals and companies, according to internal records released by the agency.

The SEC on Wednesday published more than three years of records detailing how commission members voted in choosing to bring federal court cases against more than 1,400 defendants. Of the approximately 400 cases, all were approved, with only four receiving a negative vote from a single commissioner.

There were also 21 cases in which one or more commissioners disagreed with a certain aspect of the case, such as a punitive industry bar, but...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!