For all those reasons, the neither-admit-nor-deny settlement model would continue to be a “major, major tool” in the SEC’s arsenal, and will be applied in most cases, White said on Tuesday. But the SEC will make exceptions, she said. Early last year, the SEC had tweaked its settlement model by mandating admissions in cases involving defendants who had already entered guilty pleas in related criminal settlements.
Raw
Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.