Below are those instances wherein the SEC recently cited the "law enforcement exemption" of the Freedom of Information Act (FOIA) as basis to block our access to records we sought on the public companies included in this update. As a matter of law, they are acknowledging some sort of investigative activity.
You should consider the data in this report as only POSSIBLE indicators of SEC investigative activity. They have not yet been confirmed through the administrative appeal process.
Over time, only 70-85% of these initial responses are likely to be confirmed on appeal. This is an estimate based on our long experience in filing FOIA requests with the SEC.
This article is premium content. To continue reading, please Sign In or Join at the top of this page.
