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Jury Trial Begins in Case Challenging SEC s Arbitrary Expansion of Rules for Securities Companies

Jury Trial Begins in Case Challenging SEC’s Arbitrary Expansion of Rules for Securities Companies U.S. Securities and Exchange Commission v. Spartan Securities Group, LTD., et al. Washington, D.C., July 13, 2021 (GLOBE NEWSWIRE) The jury trial has begun in U.S. Securities and Exchange Commission v. Spartan Securities Group, LTD., et al. in the District Court for the Middle District of Florida before Judge Virginia Hernandez Covington. The New Civil Liberties Alliance, a nonpartisan, nonprofit civil liberties group, will argue that SEC is rewriting the rules and seeking to unlawfully enforce agency guidance against NCLA clients Spartan Securities Group, LTD., Island Capital Management LLC, Carl E. Dilley, Micah J. Eldred, and David D. Lopez.

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