On September 4, 2024, the United States District Court for the Eastern District of Pennsylvania denied D. Allen Blankenship’s challenge to enjoin the Financial Industry Regulatory Authority’s (FINRA) disciplinary action...more
9/20/2024
/ Administrative Law Judge (ALJ) ,
Article III ,
Disciplinary Proceedings ,
Financial Industry Regulatory Authority (FINRA) ,
Fraud ,
Jury Trial ,
SCOTUS ,
SEC v Jarkesy ,
Securities Exchange Act of 1934 ,
Securities Fraud ,
Subject Matter Jurisdiction ,
Unconstitutional Condition
On September 9, 2024, the U.S. Securities and Exchange Commission (SEC) announced that it settled charges against seven public companies for alleged violations of Securities Exchange Act Rule 21F-17. According to the SEC,...more
9/20/2024
/ Code of Conduct ,
Consumer Protection Act ,
Dodd-Frank ,
Enforcement Actions ,
Penalties ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Violations ,
Whistleblower Protection Policies ,
Whistleblowers
On Wednesday, in a 2-1 decision, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit ruled in Jarkesy v. SEC that proceedings before an SEC administrative law judge were unconstitutional. Notably, the...more