United States

SEC Updates Rules of Practice for Administrative Proceedings

Jul 18, 2016
From the Financial Reporting Network

The SEC recently adopted rule amendments to update the rules of practice governing its administrative proceedings.

The amendments will become effective 60 days after they are published in the Federal Register and will apply to all proceedings initiated on or after that date. The SEC press release specifies that the rule amendments apply to pending proceedings, and states that how they are applied depends on the phase of the proceeding.

Read SEC Press Release