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Expert Analysis

Wells Process Reforms Serve SEC Chair's Transparency Goals

By Catherine Botticelli, Anthony Kelly and Steven Oberlander ( November 21, 2025, 9:32 AM EST) -- During an Oct. 7 keynote speech at Fordham University School of Law,[1] U.S. Securities and Exchange Commission Chairman Paul Atkins set forth a series of changes to the agency's enforcement practices, including the Wells process, that follow through on his commitment at this year's SEC Speaks conference to bring more transparency to the work of the SEC's Division of Enforcement.[2]...

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