Tag Archives: Anat Carmy-Wiechman

Key Trends in SEC Enforcement from FY2010-FY2016

by Anat Carmy-Wiechman

While numbers are a small part of the story, in the last three fiscal years, we have brought record numbers of enforcement actions, obtained unprecedented monetary remedies in the billions of dollars, and returned hundreds of millions of dollars to harmed investors”

Mary Jo White, SEC Chair, in recent talk at NYU

Are numbers a small part of the story? As Mary Jo White is stepping down from her post in January 2017, after almost four years at the SEC, now is a good time to look at the numbers and at the story they are telling. In a new report, the NYU Pollack Center for Law & Business, in collaboration with Cornerstone Research, investigated recent trends in enforcement via the Securities Enforcement Empirical Database (SEED). Continue reading

Administrative Enforcement Proceedings on the Rise, SEED Report Finds

by Anat Carmy-Wiechman

Over the past five years, the SEC has increasingly turned to its own administrative court to pursue enforcement actions against public companies.  The NYU Pollack Center for Law & Business, in collaboration with Cornerstone Research, investigated recent trends in enforcement via the Securities Enforcement Empirical Database (SEED), and confirmed the trend that many practitioners may have noticed. The results of this study were published in the SEC Enforcement Activity Against Public Company Defendants: Fiscal Years 2010-2015 Research Report (“SEED Report”).

Even so, the numbers may shock.  Continue reading