SEC Disciplinary Proceedings Against Attorneys Under Rule 2 ( e )
This Note reassesses SEC authority to discipline attorneys under rule 2( e ). Part I explores the history of rule 2( e) proceedings against attorneys and the troublesome policy issues raised by the SEC’s new approach to rule 2(e) enforcement. Part II examines the SEC’s claim that general rulemaking provisions give it authority to discipline attorneys. The Note concludes that a proper construction of statutes and case law bars rule 2( e) proceedings against attorneys.