Month: August 2020

Municipal bonds is an area in which the Commission has limited authority. Nevertheless, the agency has periodically focused on the area. In 2016 the Commission conducted a very successful cooperation initiative. Two years ago, the agency began to focus on …

SEC Wins Summary Judgement In Muni Flipping Case Read More »

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The Fifth Circuit Court of Appeals rejected another challenge to the constitutionality of the Commission’s ALJs. The claim turned on whether those judges are unconstitutionally protected from removal. In a 2-1 decision the Court adopted the position of DOJ, representing …

This Week In Securities Litigation (Week of August 17, 2020) Read More »

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