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News
July 14, 2016

In the News Today – July 14, 2016

  • SEC ‘Tweaks’ Rules for In-House Proceedings: Under pressure from groups, including ILR, to reform its in-house administrative proceedings, the U.S. Securities and Exchange Commission approved changes that would give defendants up to ten months to prepare for hearings and depositions in certain matters. This would more than double the previous preparing period of four months. Critics, however, say these changes are just “tweaks” that leave a number of issues unaddressed. (National Law Journal and Law360)
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