Supreme Court puts limit on SEC fraud fines - Financial Times

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFY4JKsJm6frOjdoCP5bi _KiAOSmAamp;url=http://www.cnbc.com/id/100501615img src=//nt3.ggpht.com/news/tbn/p0LNXgK1-g-SJM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2CNBC.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEp-cMZHChW2qI_tja_avfVdfbxuwamp;url=http://www.ft.com/cms/s/0/18bbbcfe-810b-11e2-9908-00144feabdc0.htmlbSupreme Court puts limit on SEC bfraud/b fines/b/abr /font size=-1bfont color=#6f6f6fFinancial Times/font/b/fontbr /font size=-1The issue before the court was whether the SEC could seek penalties five years from the time the bfraud/b occurred or, as the SEC argued, from when it became aware of the wrongdoing. “[To decide for the SEC] would leave defendants exposed to government b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF3Y7G7MEtkebRQz17v8k iZAc0wcQamp;url=http://www.businessweek.com/news/2013-02-27/securities-fraud-suits-backed-by-supreme-court-in-amgen-caseSecurities-bFraud/b Suits Backed by High Court in Amgen Case/afont size=-1 color=#6f6f6fnobrBusinessweek/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFex7q5xxQcD9kgK7Bml7 pVUeRucAamp;url=http://www.bloomberg.com/news/2013-02-27/sec-must-file-fraud-suits-sooner-u-s-supreme-court-rules-1-.htmlSEC Must File bFraud/b Suits Sooner, U.S. Supreme Court Rules/afont size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFY4JKsJm6frOjdoCP5bi _KiAOSmAamp;url=http://www.cnbc.com/id/100501615Supreme Court Limits SEC Penalties on Aging bFraud/b Cases/afont size=-1 color=#6f6f6fnobrCNBC.com/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGjrWJYSrHRl0IM7IMw9t Wp85d1Zwamp;url=http://www.salon.com/2013/02/27/court_no_extra_time_to_sue_for_securities_fraud/singleton/nobrSalon/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHyxtwMR6T1SYcOss4SHd _sORXJ4gamp;url=http://www.finalternatives.com/node/22987nobrFINalternatives/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHwzto6g48FP5DJ5A-TF1noiKJjEAamp;url=http://www.abajournal.com/news/article/sec_sued_too_late_in_case_of_late_discovered_fraud _clock_ticks_when_fraud_o/nobrABA Journal/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=djw9FAeygjRqrNM6ZUCiNGZJWcfYMamp;ned=en_z anobrball 28 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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