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SEC proposes reforms to in-house trials on heels of criticism by defense bar
Reuters: Amid mounting pressure from defense attorneys, the U.S. Securities and Exchange Commission took steps on Thursday to level the playing field for defendants who go toe-to-toe with the agency in its own home court.
The SEC proposed to modernize some of its outdated rules governing in-house trials, in an effort to assuage critics who complain the venue is unfair and gives the regulator a leg up.
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