Still Waiting For the SEC To "Get Tough" - Jonathan Weil

``Yet the SEC isn't going to trial against Shabudin, even though the standard of proof for its claims -- a preponderance of the evidence -- is lower than that for criminal charges, which must be proved beyond a reasonable doubt. Shabudin is entitled to a presumption of innocence, of course, especially now that the SEC has let him go without copping to anything.''