|
U. S. Securities and Exchange CommissionSecurities Exchange Act of 1934
|
10/1/2003-3/31/2004 |
4/1/2003- 9/30/2003 |
10/1/2002- 3/31/2003 |
|
Number pending at start of period | 38 | 37 | 45 |
New matters added during period | 32 | 40 | 34 |
Subtotal |
70 | 77 | 79 |
Dispositions: | |||
Initial Decisions | 10 | 10 (12)1 | 9 |
Other dispositions (e.g., settlements, defaults)2 |
20 | 29 | 33 |
Total pending at end of period | 40 |
38 |
37 |
Initial Decisions: | |||
Median age at decision (days) | 156 | 241 | 417 |
Number issued within guideline or specified time period3 |
6 | 7 | 3 |
10/1/2003-3/31/2004 |
4/1/2003- 9/30/2003 |
10/1/2002- 3/31/2003 |
|
Review of ALJ Matters4 | |||
Number pending at start of period | 15 | 35 | 39 |
New matters added during period | 7 | 4 | 4 |
Subtotal |
22 | 39 | 43 |
Dispositions: | |||
Opinions | 12 (13) 5 | 23 | 8 |
Other dispositions (e.g., dismissals) |
1 | 1 | 0 |
Total pending at end of period |
9 |
15 |
35 |
Opinions: | |||
Median age at decision (days) | 449 | 933 | 683 |
Number decided within guideline6 | 5 | 2 | 1 |
10/1/2003-3/31/2004 |
4/1/2003- 9/30/2003 |
10/1/2002- 3/31/2003 |
|
Review of Self-Regulatory Organization Decisions7 |
|||
Number pending at start of period | 16 | 17 | 21 |
New matters added during period | 15 | 10 | 11 |
Subtotal |
31 | 27 | 32 |
Dispositions: | |||
Opinions | 11 | 10 | 13 |
Other dispositions (e.g., dismissals, remands) |
4 | 1 | 2 |
Total pending at end of period |
16 |
16 |
17 |
Opinions: | |||
Median age at decision (days) | 240 | 278 | 532 |
Number decided within guidelines8 | 7 | 7 | 0 |
10/1/2003-3/31/2004 |
4/1/2003- 9/30/2003 |
10/1/2002- 3/31/2003 | |
Miscellaneous Matters |
|||
Interlocutory Motions: |
|||
Number pending at start of period | 0 | 0 | 0 |
Number filed during period | 1 | 0 | 0 |
Number decided during period | 1 | 0 | 0 |
Total pending at end of period |
0 |
0 |
0 |
Median age at decision (days) | 1 | 0 | 0 |
Number decided within 45 days | 1 | 0 | 0 |
Stay Requests: |
|||
Number pending at start of period | 0 | 0 | 0 |
Number filed during period | 6 | 11 | 13 |
Number decided during period | 6 | 11 | 13 |
Total pending at end of period |
0 |
0 |
0 |
Median age at decision (days) | 6 | 3 | 2 |
Number decided within guidelines9 | 5 | 11 | 13 |
1 Two initial decisions did not address all Respondents charged in the orders instituting proceedings, and thus did not entirely dispose of the cases.
2 Includes all proceedings disposed of other than by an initial decision, including default orders that dispose of the entire proceeding.
3 Guideline for matters instituted prior to 7/17/03 is 10 months from institution. Beginning 7/17/03, each order instituting proceedings includes a time period (120, 210, or 300 days) for issuance of an initial decision, which may be extended by the Commission.
4 May include review of initial decisions, review of other non-interlocutory ALJ matters, and matters on remand from the Courts of Appeals.
5 Two opinions as to different Respondents were issued in one case; 12 cases were disposed of by 13 opinions.
6 Guideline for matters appealed before 7/17/03 is 11 months from filing of appeal. Guideline is 7 months for matters appealed 7/17/03 or later (or 11 months if the Commission determines that a matter presents unusual complicating circumstances).
7 May include matters filed pursuant to Section 11A of the Securities Exchange Act of 1934.
8 Guideline for matters filed before 7/17/03 is 11 months from filing. Guideline is 7 months for matters filed 7/17/03 or later (or 11 months if the Commission determines that a matter presents unusual complicating circumstances).
9 Guideline is either five days or 45 days depending on the effective date of the order requested to be stayed.
http://www.sec.gov/litigation/admin/34-49635.htm
Home Previous Page | Modified: 05/03/2004 |