A challenge to the U.S. Securities and Exchange Commission's powers to protect investors from fraud comes before the Supreme Court on Wednesday in another in a series of legal attacks against federal agencies that regulate financial markets. The justices are due to hear arguments in an appeal by President Joe Biden's administration of a lower court's ruling restricting the SEC's power to enforce securities laws through the agency's longstanding in-house tribunal system. The case involves hedge fund manager George Jarkesy, who the SEC fined and barred from the industry after determining he had committed securities fraud.
By Andrew Chung (Reuters) - A challenge to the U.S. Securities and Exchange Commission's powers to protect investors from fraud comes before the Supre.
By Andrew Chung (Reuters) - A challenge to the U.S. Securities and Exchange Commission's powers to protect investors from fraud comes before the Supre.
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By Andrew Chung (Reuters) - A challenge to the U.S. Securities and Exchange Commission's powers to protect investors from fraud comes before the Supre.