Member David Adams was quoted by Pensions & Investments in an article about the SEC’s recent decision to eliminate the enforcement director’s authority to issue formal investigations. The article explores the significance and implications of the shift, including how crypto comes into play.

David suggested the move is “signaling that (the SEC) wants to focus its enforcement efforts on high impact cases, rather than pursuing a really large volume of investigations of varying significance.” 

Source

Pensions & Investments