4 ms·
Just to be clear, the order to show cause process of a civil case involving the SEC is this: pay up or prove to the agency beyond some standard of proof that yo
by dpierce9 11y ago
Just to be clear, the order to show cause process of a civil case involving the SEC is this: pay up or prove to the agency beyond some standard of proof that you didn't do what we said you did.
The differences are that they don't take the money in advance and offer you the option of fighting the case.
- nmrm2 11y agoThanks for the clarification. (Perhaps the most important difference is that if you're being fined by the SEC, you've probably got lawyers who are ready to defend you. One of the most egregious things about civil forfeiture is the way it preys on poor people.)