The Securities & Exchange Commission on Thursday released a draft of its strategic plan for the next five years, outlining a series of 70 initiatives largely “designed to address specific problems brought to light by the global financial crisis.”

The goals include ramped up enforcement to “obtain swift and firm sanctions, while remaining fair and reasonable.” The plan sets the bar high, calling for the SEC to win its cases 90 percent of the time. Or as the plan puts it, to achieve a “favorable outcome for the SEC, including through litigation, a settlement, or the issuance of a default judgment.” At the same time, the agency is supposed to “file large, difficult, or precedent-setting cases when appropriate, even if success is not assured.”

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