Overview
Bloomberg Law quoted Akita Adkins in an article titled, "SEC Enforcement Director Loses Obama-Era Subpoena Authority." The article discusses how the Securities and Exchange Commission’s top brass will exercise stricter control over investigations into US public companies.
Speaking on the impact of the loss of authority, Adkins says, "The Commission, by removing sub-delegated and delegated authority, does get earlier insight into what types of investigations are being conducted and early ability to weigh in on whether formal order authority should be granted."
Read the full article in Bloomberg Law (Subscription Required)