SEC’s Updated Enforcement Manual Codifies Key Process Improvements

The Securities and Exchange Commission (SEC) has amended its Enforcement Manual for the first time since 2017. Our White Collar, Government & Internal Investigations Team explores how the SEC has updated its Wells process, codified simultaneous consideration of settlement offers and related waiver requests, and reexamined its cooperation framework, criminal referral considerations, and the formal order process.... By: Alston & Bird