Law360, New York ( February 5, 2014, 12:32 PM EST) -- Upon assuming office in 2013, U.S. Securities and Exchange Commission Chairwoman Mary Jo White and Enforcement Director Andrew Ceresney immediately set about emphasizing that the agency would be taking a much more aggressive stance on settlements. The shift was most evident in the agency's new policy of requiring settling parties to admit wrongdoing under certain limited circumstances.[1]...
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