Executive Summary -

The Morgan Lewis Year in Review highlights key US Securities and Exchange Commission (the SEC or the Commission) and Financial Industry Regulatory Authority (FINRA) enforcement developments and cases regarding broker-dealers, investment advisers, and investment companies.*

THE SEC -

In Fiscal Year 2017 (FY 2017), as well as the months since, there has been significant personnel transition at the SEC, and during this period we also have seen legal developments and changes to technology that are likely to impact how the Agency operates for many years to come.