To figure out what the sound and fury signifies, we caught up on Friday with Thomas Gorman, the Porter Wright partner who writes the incredibly comprehensive SEC Actions blog.

Lit Daily: Hi Tom, thanks for talking to us again. It’s been a busy week at the SEC. Of the new measures and programs announced, what do you think is the most significant?
Gorman: I think the effort to reach out on cooperation is a significant gesture to bring a new definition to the way they are administering enforcement programs.