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US Supreme Court Holds in Jarkesy That SEC Cannot Seek Civil Penalties for Securities Fraud Without a Jury

On June 27, the US Supreme Court held that when the US Securities and Exchange Commission (SEC) seeks civil penalties against a defendant for securities fraud, the Seventh Amendment entitles the defendant to a jury trial in...more

SEC Steps Up Enforcement With Respect to Municipal Bond Offerings

In September 2022, the US Securities and Exchange Commission (SEC) announced that it had filed suit against one broker-dealer underwriter and entered into settlements with three other broker-dealer underwriters in cases...more

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