Overview : the multilayered securities enforcement system -- Inspections of broker-dealers, investment advisers, and other regulated firms : the SEC's most powerful compliance oversight tool -- SEC investigations : the heart of SEC enforcement practices -- Sanctions and collateral consequences : the stakes in SEC enforcement actions -- Settlements : minimizing the adverse effects of an SEC enforcement action -- Litigating SEC injunctive actions : the SEC's traditional enforcement mechanism -- Litigating administrative proceedings : the SEC's increasingly important enforcement alternative -- Criminal enforcement of the securities law : a primer for the securities practitioner -- Enforcement by self-regulatory organizations : the frontline regulators of broker-dealers and associated persons -- Blue sky enforcement : the increasing activism of state securities regulators -- Common ethical sanctions and representation issues in the securities enforcement process : enhancing the representation and avoiding conflicts -- An overview of enforcement by the Financial Services Authority : enforcement by the Financial Services Authority -- Internal investigations : a growing practice that may enhance cooperation -- Insurance coverage considerations for SEC investigations and proceedings : directors' and officers' liability insurance coverage