The Washington Post reported that U.S. District Court Judge Jed S. Rakoff, who has accused the SEC of negotiating weak settlements in Wall Street cases, accused the agency of misleading a federal appeals court.

Rakoff said the SEC also withheld from him important information that he needed to do his job, according to the Post.

The Post noted that Rakoff, who presides over major Wall Street cases, has been pushing the SEC to stop negotiating settlements in which firms accused of securities fraud neither admit nor deny wrongdoing.

To read the full Washington Post story: click here.