In the Margins

Lawmaker aims to strengthen defendants' rights in SEC cases

February 18, 2016

By InvestmentNews

Rep. Luke Messer, R-Ind., a member of the House Financial Services Committee, plans to introduce legislation that would give people appearing in Securities and Exchange Commission administrative proceedings the same rights to counsel, evidence discovery and avoiding self-incrimination that they would have in federal court. This push is the result of investment advisers' resistance to the SEC's use of in-house judges to decide enforcement cases. Read the original story from InvestmentNews.



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