| 14.08.2009 Opalesque Exclusive: SEC investigations expected to rise as regulatory removes internal approval hurdles to allows staff to be more aggressive |
| From Kirsten Bischoff, Opalesque New York: As of August 11th, investigators at the SEC will no longer have to go through a lengthy process to secure subpoenas. Instead, staff attorneys will only have to secure approval from their senior supervisor in order to direct inquiry letters and/or subpoenas to fund managers. New York-based law firm Sadis Goldberg LLP issued a warning to clients on |