{"id":5421,"date":"2013-04-16T00:00:00","date_gmt":"2013-04-16T05:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2013\/04\/sec_roundup_number_of_securiti"},"modified":"2022-05-02T15:46:30","modified_gmt":"2022-05-02T20:46:30","slug":"sec-roundup-number-of-securiti","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-roundup-number-of-securiti\/","title":{"rendered":"SEC Roundup: Number of Securities Cases Brought Against Attorneys Rises, Permission Granted to Announce Material Information Via Social Media, & Clearing Agency Rulemaking Process Gets Streamlined"},"content":{"rendered":"

Under Rule of Practice 102(e), SEC to File More Securities Cases Against Lawyers<\/strong><\/p>\n

According to the Commission, it intends to bring even more cases against lawyers under its Rule of Practice 102(e). The amount cases had already gone up in the wake of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act and the 2002 Sarbanes-Oxley Act. Now, the regulator\u2019s Office of the General Counsel is getting referrals from its Enforcement Division about possible lawyer misconduct.<\/p>\n

The cases being brought generally involve alleged securities violations, such as active involvement in financial fraud <\/a>and the obstruction of probes, with judgment errors and close calls not included. Per rule 102(e), the SEC can bar or censure individuals from practicing or appearing before it for different reasons. Some attorneys, however, are worried about the way the regulator interprets the rule, such as what \u2018active participation\u2019 in fraud actually entails. There are also concerns that the rule could be used as a \u201ctactical tool\u201d against attorneys.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Under Rule of Practice 102(e), SEC to File More Securities Cases Against Lawyers According to the Commission, it intends to bring even more cases against lawyers under its Rule of Practice 102(e). The amount cases had already gone up in the wake of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act and the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3740,3761],"tags":[],"class_list":["post-5421","post","type-post","status-publish","format-standard","hentry","category-miscellaneous","category-securities-and-exchange-commis"],"yoast_head":"\nSEC Roundup: Number of Securities Cases Brought Against Attorneys Rises, Permission Granted to Announce Material Information Via Social Media, & Clearing Agency Rulemaking Process Gets Streamlined — Investor Lawyers Blog — April 16, 2013<\/title>\n<meta name=\"description\" content=\"Under Rule of Practice 102(e), SEC to File More Securities Cases Against Lawyers According to the Commission, it intends to bring even more cases against — April 16, 2013\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/sec-roundup-number-of-securiti\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Roundup: Number of Securities Cases Brought Against Attorneys Rises, Permission Granted to Announce Material Information Via Social Media, & Clearing Agency Rulemaking Process Gets Streamlined — Investor Lawyers Blog — April 16, 2013\" \/>\n<meta name=\"twitter:description\" content=\"Under Rule of Practice 102(e), SEC to File More Securities Cases Against Lawyers According to the Commission, it intends to bring even more cases against — April 16, 2013\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SEC Roundup: Number of Securities Cases Brought Against Attorneys Rises, Permission Granted to Announce Material Information Via Social Media, & Clearing Agency Rulemaking Process Gets Streamlined — Investor Lawyers Blog — April 16, 2013","description":"Under Rule of Practice 102(e), SEC to File More Securities Cases Against Lawyers According to the Commission, it intends to bring even more cases against — April 16, 2013","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/sec-roundup-number-of-securiti\/","twitter_card":"summary_large_image","twitter_title":"SEC Roundup: Number of Securities Cases Brought Against Attorneys Rises, Permission Granted to Announce Material 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