Randall Fons

Latest Articles

For the past two years, the SEC has come under heavy fire, both inside and outside the Commission, for its increasing use of its own administrative proceedings, rather than federal courts, as the preferred forum for bringing its enforcement actions. On May 6, the Wall Street Journal published an article entitled “SEC Wins With In-House Judges,” reporting that, since 2010, the SEC has won 90% of its cases brought before its own administrative law judges…
With Chair Mary Jo White in her second year at the helm, the Securities and Exchange Commission showcased its efforts, improvements, and enforcement successes at this year’s SEC Speaks Conference. The Commission highlighted that it brought a record number of cases—755 enforcement actions—in fiscal year 2014, and obtained $4.1 billion in monetary relief. The Commission continues to emphasize its increased use of data analytics in both its regulatory efforts and enforcement investigations. As usual, the…
Each year, the SEC puts on its most informative conference of the year: The SEC Speaks.  During the course of the two-day conference, held this year on February 21 and 22, the Chair and each Commissioner, as well as the most senior staff of each division of the SEC, provide their thoughts and insights into the most pressing issues currently being considered by the Commission. One of the annual highlights of the conference is the…
When the SEC talks, people listen. And securities enforcement professions look forward all year to listening to the Commissioners and the SEC’s senior leadership speak at The SEC Speaks conference. In particular, discussions about the Division of Enforcement’s trends and priorities ranks as one of the most anticipated panels at the conference. This year, uncertainty about the SEC’s leadership kept the Division’s senior staff members from providing too many specifics about long-term plans. Nevertheless, they made clear…