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.

 

 

Most Read

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...