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2guard

05/28/07 10:15 PM

#44197 RE: ezmony #44184

Ezmony, I copied the following from the SEC's website - the "what we do" page:
"While the SEC has civil enforcement authority only, it works closely with various criminal law enforcement agencies throughout the country to develop and bring criminal cases when the misconduct warrants more severe action."

When I wrote that the SEC can "bring federal criminal charges", maybe that statement was not 100% accurate, but it was close enough.