In the Courts

A look at a recent decision involving the SEC and the "discovery rule.

13 minute read April 26, 2013 at 11:47 AM
By
Law.com Staff
In the Courts

On Feb. 27, 2013, the United States Supreme Court unanimously rejected an argument advanced by the U.S. Securities and Exchange Commission (SEC) that the so-called “discovery rule” would apply to civil penalties cases involving fraud, such that the statute of limitations would not begin to run until the fraud was discovered.

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