« Ahold: At Least We're Not #1, 2, 3 or 4! | Main | Welcome to BlawgWorld »

Daily Posts

May 2008
Sun Mon Tue Wed Thu Fri Sat
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

About SLW

Events

Subscribe

Email Alerts

Subscribe and receive email alerts when new articles are published!

Enter Your Email Address

U.S. Code

Code of Federal Regulations

Wednesday, November 30, 2005

A Question About the SEC's Litigation Releases

Why is that when the SEC wins a litigated case it issues a Litigation Release about the victory and posts it on its website (see this example), but when the SEC loses a case (like this one yesterday against Richard "Bulletproof" Scrushy)... nothing?

I think that question raises another interesting question: What is the purpose of the SEC's Litigation Releases and of the Litigation Release page of the SEC's website?  Are they supposed to be informational? If so, then you would think that all court decisions, both favorable and unfavorable, would be posted. 

Or are they intended to be promotional for the SEC's Enforcement program?  If so, then perhaps the SEC should make it clear on the website that its lengthy list of Litigation Releases is not a complete list and add something to the effect that "The Litigation Releases listed below are limited to cases with outcomes deemed favorable to the SEC."

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

TrackBack

TrackBack URL for this entry:
http://blog.riskmetrics.com/cgi-bin/mt-tb.cgi/617

   
 
About RiskMetrics Group | Disclaimer

Copyright © 2007 RiskMetrics Group
The World Leader in Proxy Voting and Corporate Governance Services

Powered by Movable Type 3.36