Part I. Criminal Proceedings

§ 6:1...... In General

§ 6:2...... SOA Enhanced Penalties for Securities Fraud and Related Crimes

§ 6:3...... SOA ― Instructing the Sentencing Commission on the Seriousness of Financial Fraud Introduction

Part II. Civil Proceedings

A.    Injunctions

§ 6:4...... In General

§ 6:5...... Scienter and Probability of Further Violations

§ 6:6...... Aiding and Abetting

§ 6:7...... Statute of Limitations

B.    Civil Penalties

§ 6:8...... Introduction

§ 6:9...... The Composite

§ 6:10.... The Penalty

§ 6:11.... Civil Penalties and Controlling Persons

C.    Barring Securities Violators From Acting as an Officer or Director of a Public Company

§ 6:12.... Introduction

§ 6:13.... Sarbanes-Oxley Lowers Standard for Officer/Director Bar

§ 6:14.... Distinguishing between Unfitness and Substantial Unfitness

D.    Disgorgement

§ 6:15.... Introduction

§ 6:16.... Disgorgement of Executive Equity Related Compensation

§ 6:17.... SAO Provision Requiring Reimbursement of Equity Related Compensation in the Event of Restatements

§ 6:18.... How Effective is the Disgorgement Remedy

§ 6:19.... Disgorgement Funds ― To Whom Do They Belong?

Part III. Administrative Adjudication and Sanctions

A.    Administrative Enforcement Remedies

§ 6:20.... Introduction

§ 6:21.... Securities Professionals, Remedial Sanctions and Administrative Fines

§ 6:22.... —Determining the Amount of the Administrative Fine

§ 6:23.... —Administrative Fines ― Determining the Public Interest

§ 6:24.... —Determining Willfulness

§ 6:25.... Cease and Desist Orders

§ 6:26.... —Temporary Cease and Desist Order

§ 6:27.... —Enforcement of Cease and Desist Order

§ 6:28.... —Disgorgement and Accounting

§ 6:29.... —Officer and Director Bar

§ 6:30.... APSOP — Matching Wits With Recidivists

§ 6:31.... Administrative Sanctions and Aiders and Abettors

§ 6:32.... Suspension of Trading

B.    SEC Enforcement Proceedings and the Statute of Limitations

§ 6:33.... Introduction

§ 6:34.... The Section 2642 Five-Year Statute of Limitations

§ 6:35.... Section 2462 Bar and the SEC Post-Johnson

§ 6:36.... Section 2462 and the Administrative Law Judges Post-Johnson

§ 6:37.... In the Matter of Warren G. Trepp — Some Other Issues

Part IV. Administrative Proceeding and SEC Rules of Practice

A.    Introduction

§ 6:38.... Scope of the Rules of Practice

§ 6:39.... Background

§ 6:40.... Wells Statements

§ 6:41.... Initiating the Proceeding

§ 6:42.... Prehearing Conferences

B.    Discovery

§ 6:43.... Introduction

§ 6:44.... Documents Division of Enforcement to Make Available on Request for Inspection and Copying

§ 6:45.... Documents Obtainable by Subpoena

§ 6:46.... Documents Obtainable on Motion

§ 6:47.... Documents Division of Enforcement May Withhold

§ 6:48.... Comparison to Federal Rules of Civil Procedure

C.    Hearings and the Hearing Officer

§ 6:49.... Authority of the Hearing Officer

§ 6:50.... The Hearing

§ 6:51.... Proposed Findings and Conclusions

§ 6:52.... Motion for Summary Disposition

D.    The Initial Decision and Commission Review

§ 6:53.... Petition for Review

§ 6:54.... Briefs and Briefing Schedule

§ 6:55.... Oral Argument

§ 6:56.... Commission’s Decision

§ 6:57.... Judicial Review and Stay Pending Review

E.    Other Proceedings

§ 6:58.... Commission Review of Disciplinary and Certain Other Decisions of SROs

§ 6:59.... Temporary Cease and Desist Orders; Suspending Registration of Broker-Dealer

§ 6:60.... Proceedings to Approve Plan for Disgorgement

Part V. SEC as Enforcer

A.    Pre-Enron

§ 6:61.... Prevalence of Blatant Securities Fraud and the Need for Priorities

§ 6:62.... Accounting Irregularities

§ 6:63.... Centennial Technologies

§ 6:64.... California Micro

§ 6:65.... Sensormatic Electronics

§ 6:66.... Media Vision Technologies, Inc.

§ 6:67.... Spectrum Information Technologies

§ 6:68.... Woolworth

§ 6:69.... Tardy Action and Deterrence

§ 6:70.... Change of Enforcement Priorities?

B.    Post-Enron

§ 6:71.... Cooperation for Leniency

§ 6:72.... The Pitt/Bush Enforcement Record

§ 6:73.... —Enron Related Actions

§ 6:74.... —WorldCom Real-Time Enforcement

§ 6:75.... —Adelphia Communications’ “Elaborate and Extensive” Corporate Fraud

§ 6:76.... —Xerox ― Earnings Management

§ 6:77.... —The Case Against Rite Aid

§ 6:78.... —Waste Management/Arthur Andersen Case

§ 6:79.... —Homestore, Inc. and Round-Tripping

§ 6:80.... Asset Freeze Orders and SOA Temporary Freeze Provision