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Use It or Lose It: U.S. Supreme Court Holds the SEC Must Bring Civil Enforcement Actions Within Five Years of Wrongful Conduct

On February 27, 2013, the United States Supreme Court put a stop to the Securities and Exchange Commission's (SEC) practice of bringing civil enforcement actions outside the five-year statute of limitations. In an opinion by...more

3/1/2013 - Civil Monetary Penalty Discovery Rule Gabelli v SEC SCOTUS SEC Securities Securities Fraud Statute of Limitations

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