The U.S. Securities and Exchange Commission expects to start filing some insider-trading cases in an in-house court rather than federal court, dismissing concerns by defense lawyers that this shift from past practice would be unfair. It also signaled intentions to ramp up on its enforcement against violations by of high-frequency traders and "dark pool" market participants. "I do think we will bring insider-trading cases as administrative proceedings in appropriate cases," Andrew Ceresney, head of the SEC enforcement division, told the District of Columbia Bar on Wednesday. "We have in the past. It has been pretty rare. I think there will be more going forward." The SEC has historically filed insider-trading cases in federal courts because the law barred it from seeking penalties in its own court against employees of firms it did not regulate directly, such as brokerages. But that changed in 2010, when the Dodd-Frank law granted the regulator power to seek financial penalties against
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