Tag Archives: Courtney Andrews

SEC Chairman Announces Reforms to Wells Process and Settlement Procedures

by Courtney Andrews, Darryl Lew, Tami Stark, and Olivia Hussey

Photos of authors.

Courtney Andrews, Darryl Lew, Tami Stark, and Olivia Hussey (Photos courtesy of White & Case)

On October 7, 2025, U.S. Securities and Exchange Commission (“SEC” or “Commission”) Chairman Paul S. Atkins announced procedural reforms aimed at enhancing fairness and transparency in the agency’s enforcement program.[1] Chairman Atkins emphasized that the reforms focus on the SEC’s three-part mission: to protect investors; to maintain fair, orderly, and efficient markets; and to facilitate capital formation. These changes will have implications for companies and individuals facing potential enforcement actions.

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