A general exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst
Shops try and take advantage of transition periods
Try and delay settlement to get better deal
Practice is not wide-spread, SEC official says
Some firms have attempted to delay settling with the SEC on enforcement issues as the agency transitions to new leadership, said David Glockner, director of the Chicago regional office. Buyouts reported in April that some GPs were delaying settlements with ...