Top 5 SEC Enforcement Developments For October 2022

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important and interesting SEC enforcement developments from the past month, with links to primary resources. This month's topics include:

• The SEC's crackdown on unlawful touting by a celebrity of a crypto asset security
• The SEC's Acting Chief Accountant's statement on the duties of auditors in detecting and preventing fraud
• Responses to the SEC's rejection of a bitcoin ETF application
• An accounting fraud case against a consumer goods company that includes charges against a former audit partner
• A federal judge's critique of the SEC's "No-Deny" settlement orders