Financial Times | Court Ruling Ties SEC’s Hands Over Investor Fraud

Susan Hurd is quoted on the constitutionality of federal agencies’ administrative law judges in the upcoming SEC v. Jarkesy case in the U.S. Supreme Court.

Susan Hurd and Matt Newman are quoted on the Securities and Exchange Commission’s response to the Jarkesy vs. SEC opinion and the likelihood of review by the U.S. Supreme Court.

For nearly 40 years, the Federal Trade Commission has used a provision of the FTC Act to impose monetary penalties in consumer protection cases that is under scrutiny by the Supreme Court. Our Consumer Protection/FTC Team reviews oral argument in a Supreme Court case that will settle a circuit split and decide the fate of the FTC’s interpretation of Section 13(b).

Learn more about federal priorities – from Paycheck Protection Program amendments to the SEC’s relief from in-person voting to the CFTC and NFA, plus a key U.S. Supreme Court ruling – that will affect the investment industry in the latest issue of Investment Management Updates.

Our Securities Litigation Group examines the Supreme Court’s decision to limit – rather than eliminate – the SEC’s ability to seek disgorgement in federal court.