On June 26th, Reuters summarized comments made by SEC Commissioner Daniel Gallagher concerning SEC Chairman Mary Jo White's statement that the Commission would begin requiring some defendants to admit guilt as part of any proposed settlement. Gallagher urged caution, saying that the policy shift should be reserved for the worst offenders and recidivists, and that the agency's resources should also be considered. Commissioner Luis Aguilar has called for post-settlement monitoring to ensure settling defendants do not improperly invoke the neither admit nor deny provision in other settings. Policy.