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In recent remarks at the Securities Enforcement Forum, SEC Chair Gary Gensler highlighted the pivotal role that enforcement plays in achieving the SEC's overall mission. ....
Where two defendants have moved for a stay of a five-year injunction included within a U.S. District Court final judgment, the motion should be denied because the defendants have failed to demonstrate a likelihood of success on appeal. “Defendants Gregory Lemelson (‘Lemelson’) and Lemelson Capital Management, LP (‘LCM’) move to stay the five-year injunction included ....
<p><span>Jurors in Boston federal court today returned a verdict in the Securities Exchange Commission’s favor against a hedge fund adviser and his investment advisory firm. </span></p> ....