Mich. A.G. Nessel Opposes Action to Prevent SEC From Requiring Fraudulent Actors to Return Illegal Profits
January 23, 2020
January 23, 2020
LANSING, Michigan, Jan. 23 -- Michigan Attorney General Dana Nessel issued the following news release:
Michigan Attorney General Dana Nessel joined a bipartisan coalition with 22 other Attorneys General to file an amicus brief with the Supreme Court arguing that the Securities and Exchange Commission (SEC) should be allowed to ask courts to require defendants to return money obtained by defrauding investors.
The brief argues that requiring bad actors to return profits - . . .
Michigan Attorney General Dana Nessel joined a bipartisan coalition with 22 other Attorneys General to file an amicus brief with the Supreme Court arguing that the Securities and Exchange Commission (SEC) should be allowed to ask courts to require defendants to return money obtained by defrauding investors.
The brief argues that requiring bad actors to return profits - . . .