SEC Enforcement Manual Offers a Window Into Division of Enforcement’s Processes

October 15, 2008
The U.S. Securities and Exchange Commission Enforcement Division’s “Enforcement Manual,” recently posted on the Commission’s website, does not represent a wholesale revision of the Division’s investigative practices, but it is potentially significant that the Division has articulated these polices in a publicly available document.  This update provides a summary and analysis of these guidelines, which should result in greater procedural uniformity.