JD Supra

SEC Chairman Announces Reforms to Wells Process and Settlement Procedures

When sending Wells Notices, the Enforcement staff will provide the recipient(s) with at least four weeks to make Wells Submissions, particularly in complex cases. While the prior practice was ...
JD Supra

SEC Goes Back to the Wells Process

Our White Collar, Government & Internal Investigations Team examines recent Securities and Exchange Commission (SEC) reforms to enhance fairness and transparency in the Wells process by expanding ...
The Bond Buyer

SEC chairman's Wells process comments encouraging for lawyers

Securities and Exchange Commission Chairman Paul Atkins in a recent speech stressed the need for a fair and transparent Wells process, a message that was encouraging to attorneys whose jobs involve ...
AOL

‘Judge, Jury and Executioner’: How the SEC is finally leveling the playing field on its dreaded ‘Wells Notice’ enforcement process

As Securities and Exchange Commission defense counsel, we can attest first-hand to the dread our clients experience when we inform them that we have received a “Wells Notice” from the Division of ...
Crowdfund Insider

CFTC Looks to Update Wells Notification Process

A CFTC Wells notice is a formal notification from the Commodity Futures Trading Commission (CFTC) indicating that its staff is recommending an enforcement action. The same process is used by the ...