Added Perspective

U.S. Chamber of Commerce joins chorus pushing for overhaul in SEC enforcement practices

October 23, 2015

By Catherine Botticelli and James Bobseine, Dechert

A recent report by the Center for Capital Markets Competitiveness at the U.S. Chamber of Commerce regarding the enforcement program of the Securities and Exchange Commission identified weaknesses in that program, and made recommendations to remedy those weaknesses.The Chamber report is only one of a chorus of voices criticizing the SEC’s enforcement practices, and certain of the SEC’s actions in the last few months suggest that it has begun to heed these calls for reform.

 

To read the legal update on this subject from Dechert, click here.

 

 

Most Read

Top of the Agenda - Governance
Fund industry 'pioneer' Dorothy Berry dies

Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...

Top of the Agenda - Succession
Donohue joins two BNY Mellon Funds board groups

Andrew "Buddy" Donohue has joined two of the five BNY Mellon (formerly Dreyfus) mutual fund board groups led by long-serving independent Chairman Joseph DiMartino. Donohue resigned ...