BusinessGovernmentTechnology

SEC Overhauls Wells Notice Process to Enhance Fairness in Enforcement Actions

The Securities and Exchange Commission is implementing significant changes to its Wells Notice process under Chairman Paul Atkins. The reforms aim to create a more balanced approach to enforcement actions while maintaining regulatory integrity.

Major SEC Enforcement Process Reforms Announced

The Securities and Exchange Commission is implementing substantial reforms to its Wells Notice procedures, according to reports from legal experts familiar with the changes. Sources indicate these modifications represent the most significant overhaul of the enforcement process in decades, aiming to address long-standing concerns about fairness and due process.

BusinessGovernmentTechnology

SEC Maintains Market Surveillance During Government Shutdown, Halts Suspicious Trading

The Securities and Exchange Commission continues monitoring markets for manipulative activity despite the government shutdown, according to Chair Paul Atkins. Eight foreign companies have been halted from Nasdaq trading due to suspicious behavior patterns. However, IPO reviews and cryptocurrency legislation work remain stalled due to staff furloughs.

SEC Continues Market Surveillance During Shutdown

The U.S. Securities and Exchange Commission is maintaining its market surveillance operations despite the ongoing government shutdown, according to reports. SEC Chair Paul Atkins confirmed in a Wednesday CNBC interview that the regulator continues monitoring for manipulative behavior and has taken action against several companies showing suspicious trading patterns.