Leah Rizkallah

4 weeks ago | mondaq.com | Natalie Panariello |Leah Rizkallah |Matthew Miller |Lisa Wood

On June 27, 2024, the U.S. Supreme Court issued its decision inSecurities and Exchange Commission v. Jarkesy. In a 6-3decision, the Court ruled that securities fraud claims seekingcivil penalties must be decided by a jury in federal court. Theruling eliminates the SEC's ability to seek civil penalties forsecurities fraud through administrative proceedings.