ELR Citation: 54 ELR 20096
No(s). 22-859 (U.S. Jun 27, 2024)

The U.S. Supreme Court, 6-3, held the Seventh Amendment entitled an investment advisor to a jury trial in an enforcement action initiated by the Securities and Exchange Commission (SEC) seeking civil penalties for securities fraud. The SEC adjudicated the matter administratively, and determined the ...