SEC Enforcement Action Reinforces Priorities and Challenges in Annual Report. Exposing Misconduct.

SEC Enforcement Action Reinforces Priorities and Challenges in Annual Report

December 10, 2019

Last month, the SEC issued its annual report.  A few days ago, the SEC announced an accounting fraud enforcement action that reinforces several important areas—both areas of focus and challenges—in the report.

The Securities and Exchange Commission’s Division of Enforcement’s 2019 fiscal year report (“Report”)

On November 6, 2019, the SEC issued the Report. The Report primarily identifies the SEC’s initiatives and continuing areas of focus for 2019 and analyzes the results of its cases—breaking those results down by types of cases, recoveries, individual actions, non-monetary relief, litigation and trial updates, and recurring challenges.

As the SEC’s “Continuing Areas of Focus,” the Report identifies coordination with law enforcement, accelerating the pace of investigations, publicly messaging the credit received for meaningful cooperation, and accelerating evaluation of whistleblower awards.[1]  These continuing areas can overlap.  For example, meaningful cooperation and coordination with law enforcement can speed along investigations.

Read more here.
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