Covington Must Disclose Some Clients’ Names To SEC In Response To Subpoena

Mealey's (July 25, 2023, 2:56 PM EDT) -- WASHINGTON, D.C. — The Securities and Exchange Commission is entitled to have access to the names of certain clients of Covington & Burling LLP whose material nonpublic information (MNPI) was accessed during a cyberattack, a District of Columbia federal judge ruled July 24, partly granting the SEC’s motion to enforce the subpoena, while trimming the number of clients from a list of 298 to just seven that were deemed relevant to the commission’s investigation....