• On April 16th, SEC Commissioner Luis A. Aguilar discussed strengthening the private remedies available to those who have been victims of financial fraud. Aguilar supports the North American Securities Administrators Association's request that Congress amend the Securities Exchange Act to allow private lawsuits for aiding and abetting securities fraud. Aguilar also wants to prohibit mandatory arbitration clauses in brokerage and advisory customer contracts. Aguilar Remarks.