Litigation Under Section News Today

Section 17(a) provides a private cause of action in civil securities fraud litigation in some jurisdictions. As the Cornell Law School’s Legal Information Institute LII explains, Some courts have found an implied right of private action under this provision 

Section 206 of the Investment Advisers Act of 1940 is one of the many laws the U.S. Securities and Exchange Commission (SEC) uses to combat investment fraud. Under Section 206,...