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SEC enforcement: the state of play 

October 9, 2014
Hedge Week

Developing trends – Recent SEC investigations into hedge funds, investment advisers, officers, directors, and political intelligence firms have been indicative of two separate trends that are currently shaping SEC enforcement decisions.

One, under the leadership of Chair Mary Jo White, the SEC has increased its focus on enforcement and has made it a goal to pursue all types of violations, big and small. Second, it has been a few years since the adoption of Dodd-Frank and it has taken a while for the SEC to digest the legislation, implement regulations, and react. “For the first time since 2008, the SEC is beginning to see a post-Dodd-Frank certainty regarding regulations and case law,” says Mark Ruddy, attorney and founder of Ruddy Law Office, PLLC in Washington, DC. “We should expect these developing trends to portend a broadening of the violations that SEC chooses to pursue and how the SEC will go about doing it.”

Read more: Hedge Week

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