Tag: statute of limitations

The Supreme Court rejected the SEC’s effort to extend the five year statute of limitations for imposing a civil penalty by engrafting a discovery exception onto the statute. Chief Justice Roberts, writing for a unanimous Court, held that under Section …

Supreme Court Rejects SEC Effort to Extend Statute of Limitations Read More »

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The Supreme Court heard argument yesterday in Gabelli v. SEC, No. 11-1274, a case which could have a significant impact on the SEC’s enforcement program. The action centers on the application of the five year statute of limitations for imposing …

A Key SEC Enforcement Issue Is Argued Before the Supreme Court Read More »

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