Daily Archives: February 18, 2016, 11:47 am

Supreme Court Nomination Fight In Senate Threatens To Deepen SEC’s Vacancy Woes After Scalia’s Death — IB Times

Following the death of Supreme Court Justice Antonin Scalia last weekend, Democrats and Republicans girded for battle over President Barack Obama’s expected nomination to the high court. The political scrum could have spillover effects in the world of financial reform, where investors and consumer advocates await the confirmation of two nominees to the Securities and Exchange Commission. via Supreme Court Nomination…

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Lawmaker wants to give SEC defendants greater rights — Investment News

Rep. Luke Messer, R-Ind., a member of the House Financial Services Committee, plans to introduce legislation in coming weeks that would give people appearing in administrative proceedings the same rights to counsel, evidence discovery and avoiding self-incrimination that they would have in federal court. via Lawmaker wants to give SEC defendants greater rights — Investment News

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Mark Cuban Challenges the Referee: the Constitutionality of SEC In-House Courts | Securities Litigation, Investigations and Enforcement

After the repeated challenges to the SEC’s in-house courts as previously reported, Mark Cuban joined the debate by filing an amicus curiae brief in support of petitioners Raymond J. Lucia Companies, Inc. and Raymond J. Lucia (collectively “Lucia”) in Lucia v. SEC.  Cuban, describing himself as a “first-hand witness to and victim of SEC overreach” in a 2013 insider trading…

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