SEC v. BEAR
Classified unclassified. No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →
Parties
Securities and Exchange CommissionJ.P. MORGAN SECURITIES INC
Keywords
securities exchangeexchange commissionsecuritiescv-exchangecommissionsecdocument pagezachary avalloneincdocumentwhppagecommission morganpage securities
Extracted insights
Entities 2
- company J.P. MORGAN SECURITIES INC
- agency Securities and Exchange Commission
Triples 4
- Securities And Exchange Commission filed unopposed motion pursuant to Rule 60(b) of the Federal Rules of Civil Procedure to modify final judgments
- Securities And Exchange Commission consents to relief sought by the motions to modify final judgments
- Securities And Exchange Commission agrees that final judgments should be modified as reflected in the proposed orders
- Defendants filed unopposed motion pursuant to Rule 60(b) to modify final judgments
PDF
Text layers
Extracted body text (140c)
[OCR_UNRECOVERABLE method=recover reason=missing_pdf ts=2026-09-26T14:05:04.956Z]
OCR text (2,611c · recover-missing_pdf · 0% conf)
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. MERRILL LYNCH, PIERCE, FENNER & SMITH INC., Defendant. SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. UBS SECURITIES f/k/a UBS WARBERG LLC, Defendant. SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. GOLDMAN, SACHS & CO., Defendant. SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CITIGROUP GLOBAL MARKETS INC., f/k/a SALOMON SMITH BARNEY, Defendant. SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CREDIT SUISSE FIRST BOSTON LLC, f/k/a CREDIT SUISSE FIRST BOSTON CORPORATION, Defendant. No. 1:03-cv-2946 SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. MORGAN STANLEY& CO. INCORPORATED, Defendant. No. 1:03-cv-2948 SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. DEUTSCHE BANK SECURITIES INC., Defendant. No. 1:04-cv-6909 NOTICE REGARDING DEFENDANTS’ RULE 60(b) MOTION TO MODIFY ADDENDUM A OF GLOBAL RESEARCH SETTLEMENT On December 5, 2025, Defendants filed an unopposed motion pursuant to Rule 60(b) of the Federal Rules of Civil Procedure to modify final judgments in the above-captioned cases. Without adopting or joining Defendants in their motions, the Securities and Exchange Commission (SEC) consents to the relief sought by the motions and agrees that the final judgments should be modified as reflected in the proposed orders submitted by each respective Defendant. In so doing, the SEC notes the provisions of the Judgment that specifically contemplate future modification— see Judgment, Addendum A, Section II.7 (with respect to any term of the injunctive relief undertakings not explicitly superseded by an SEC or self-regulatory organization rule, it was the expectation of the SEC that it would agree to an amendment or modification of Addendum A, “subject to Court approval, unless the SEC believes such amendment or modification would not be in the public interest.”)—and the passage of FINRA Rule 2241, which addresses the same issues and concerns as the Judgment. Based on these unique facts and circumstances, the SEC believes modification of the Judgment is in the public interest. Dated: December 5, 2025 Respectfully submitted, /s/ Zachary A. Avallone Zachary A. Avallone (pro hac vice pending) Securities and Exchange Commission 100 F Street, NE Washington, DC 20549 Tel: (202) 551-4479 Email: [email protected] CERTIFICATE OF SERVICE I certify that on December 5, 2025, I caused a copy of the foregoing document to be filed through the Court’s ECF system, which will serve a copy on all counsel of record. /s/ Zachary A. Avallone Zachary A. Avallone