Commissioner Piwowar issued a separate opinion, concurring in part and dissenting in part, from the Commission’s consideration of an appeal of an administrative law judge’s initial decision in the matter of Thomas C. Gonnella.[1]
Commissioner Piwowar’s separate opinion can be found athttps://www.sec.gov/litigation/opinions/2016/33-10119.pdf#page=23.
[1] Thomas C. Gonnella, Exchange Act Release No. 78532 (August 10, 2016), available at https://www.sec.gov/litigation/opinions/2016/33-10119.pdf.
