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LOL as of today the SEC can’t do it, horrible case ruling from 5th circuit of approvals basically makes SEC enforcement of rules illegal.
by 0xB31B1B 4y ago
LOL as of today the SEC can’t do it, horrible case ruling from 5th circuit of approvals basically makes SEC enforcement of rules illegal.
- animal_spirits 4y agoThat ruling stated that the SEC isn't allowed to enforce rules _without_ a jury. They can still take people to court but there needs to be a jury involved. https://www.reuters.com/legal/government/sec-in-house-judges-violate-right-jury-trial-appeals-court-rules-2022-05-18/ https://www.reuters.com/legal/government/sec-in-house-judges...