SEC Dismisses Ethical Violations Allegations Against Hinman

The U.S. Securities and Exchange Commission (SEC) has cleared former Director of Corporate Finance Bill Hinman of any ethical misconduct accusations. This decision follows a thorough investigation initiated by Empower Oversight, based on Freedom of Information Act requests. The SEC’s Office of Inspector General (OIG) concluded that Hinman disclosed his financial ties to Simpson Thacher & Bartlett LLP before and adhered to the commission’s ethical guidelines.