On November 6, 2019, the SEC’s Division of Enforcement released its annual report describing its enforcement actions from fiscal year 2019.
Like prior reports, the Report quantifies the Division’s activities in a number of ways and discusses priority areas going forward. The Report also brings front-and-center certain challenges the Division has faced – including difficulties navigating recent Supreme Court decisions that call into question the constitutionality of the SEC’s administrative proceedings and the agency’s ability to obtain disgorgement, as well as the impact of the government shut-down and general resource constraints.
Click here, to continue reading on the Cleary Enforcement Watch blog. This article was also republished by the NYU Compliance & Enforcement blog.