The Supreme Court just made it much harder to go after financial fraud
US Supreme Court Justice John Roberts wrote the majority opinion in the case stripping the SEC of some powers.
SHAWN THEW/Reuters
- The Supreme Court stripped out some of the SEC's financial fraud enforcement powers.
- It ruled that defendants in those cases have a right to a jury trial.
- Critics say the court is seizing power from federal agencies and making it harder to enforce fraud laws.
The Supreme Court dealt a blow to the US Securities and Exchange Commission in a ruling Thursday...
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