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SEC Submits Plan to Rescind 'No-Deny' Settlement Policy

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1 month ago

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White Collar Defense & Government Investigations AlertThe U.S. Securities and Exchange Commission (SEC) has submitted a final rule to the White House titled “Rescission of Policy Regarding Denials in Settlement of Enforcement Actions”—a proposal on which the SEC declined to proceed in early 2024 under the Chairmanship of Gary Gensler. If finalized, the rule would mark a significant change to longstanding SEC settlement practice with implications for investigations, resolutions and post-settl...

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