Herrick Lidstone recently published an article in the Colorado Bar Association’s Business Law Section newsletter about waivers granted by the SEC from the restrictions that impact companies and individuals following certain criminal convictions and other state or federal regulatory findings. Herrick explains the SEC practice of granting waivers, and criticizes that practice because of the manner the SEC favors large financial institutions. This is further criticized in a recent opinion piece in Fortune Magazine. Herrick’s article is available on the Colorado Bar Association’s website or on the BFW website here.
