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SEC takes steps to stem courtroom defeats

The US regulator's trial unit has been restructured in recent months as the agency's win rate slips

The Securities and Exchange Commission, faced with a recent run of courtroom defeats, is shaking up the way it prepares for trials.

Mary Jo White, who took charge of the SEC in April, has restructured the agency's trial unit in recent months, according to people familiar with the matter. The goal in part is to allow investigators and litigators to work closer together as a case develops, the people said.

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