Other Voices: Congress restores and codifies expansive SEC fines authority
Other Voices: Congress restores and codifies expansive SEC fines authority Thursday, February 11, 2021 By: Catherine Botticelli , Anthony S. Kelly, Eric Auslander, Dennis Lawson and Lindsay E. Ray Overriding a presidential veto, Congress on January 1, 2021 enacted the William M. (Mac) Thornberry National Defense Authorization Act (NDAA) for Fiscal Year 2021. In part, the NDAA restored significant enforcement powers to the Securities and Exchange Commission that recently had been limited through two landmark Supreme Court decisions - Kokesh v. SEC (2017) and Liu v. SEC (2020). The passage...
Source: opalesque.com