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SEC power: Supreme Court limits power of agency to unilaterally enforce financial fraud regulations

todayJune 27, 2024 12

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The Supreme Court on Thursday limited the power of the Securities and Exchange Commission to enforce security fraud violations, siding with a hedge fund manager and former conservative radio show host who claimed he was entitled to a jury trial rather than an in-house review by the agency.

​ The Supreme Court on Thursday limited the power of the Securities and Exchange Commission to enforce security fraud violations, siding with a hedge fund manager and former conservative radio show host who claimed he was entitled to a jury trial rather than an in-house review by the agency. Read More Breaking News, Latest News and Videos | CNN 

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