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Lazy Supreme Court Wants Insider Trading Verdict Overturned, Just By Someone Else
And would you all please cool it about the SEC’s home-team judges, for heaven’s sake?
Author:
Jan 12, 2021
And would you all please cool it about the SEC’s home-team judges, for heaven’s sake?
The Supreme Court said the 2nd U.S. Circuit Court of Appeals should review its 2019 decision holding that non-public information from the U.S. Centers for Medicare and Medicaid Services (CMS) was property under a federal securities fraud statute, in light of the high court’s ruling last year in the “Bridgegate” case limiting how prosecutors can use property fraud statutes to go after government-related schemes. ....

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