A recent decision by the U.S. Court of Appeals for the Second Circuit has implications for whistleblowers under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act” or “The Act”). In Hong v. SEC,...more
8/4/2022
/ Administrative Procedure Act ,
Appeals ,
Department of Justice (DOJ) ,
Dodd-Frank ,
FHFA ,
Incentives ,
RMBS ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Whistleblower Awards ,
Whistleblowers
In Securities & Exchange Comm. v. Gentile, No. 18-1242, 2019 WL 4686251 (3d Cir. Sept. 26, 2019), the United States Court of Appeals for the Third Circuit took up the question of whether Securities and Exchange Commission...more
10/17/2019
/ Appeals ,
Broker-Dealer ,
Enforcement Actions ,
Future Harm ,
Injunctions ,
Injunctive Relief ,
Penalties ,
Penny Stocks ,
Pump and Dump ,
Remand ,
Reversal ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Statute of Limitations ,
Statutory Authority
In a case of first impression, the United States Court of Appeals for the Second Circuit in Citigroup Global Markets, Inc. v. Abbar, No. 13-2172, 2014 WL 3765867 (2d Cir. Aug. 1, 2014), established a bright-line definition of...more
In a closely-watched decision involving judicial review of agency settlements, the Unites States Court of Appeals for the Second Circuit vacated United States District Court Judge Jed Rakoff’s 2011 order rejecting a proposed...more
7/8/2014
/ Appeals ,
Chevron Deference ,
Citigroup ,
Consent Decrees ,
Enforcement ,
Enforcement Actions ,
Interlocutory Appeals ,
Judge Rakoff ,
Risk Management ,
SEC v Citigroup ,
Securities and Exchange Commission (SEC) ,
Settlement
In European Community v. RJR Nabisco, Inc., Case No. 11-CV-2475 (2d Cir. Apr. 23, 2014), the United States Court of Appeals for the Second Circuit held that the Racketeer Influenced and Corrupt Organizations (“RICO”) statute,...more