SEC tolling agreements legal, US appeals court says, rejecting challenge from fraudster
By Richard Vanderford ( July 22, 2021, 21:19 GMT | Insight) -- The US Securities and Exchange Commission can extend the statute of limitations in enforcement cases through so-called tolling agreements with targets, a federal appeals court said, an important win for the agency. The ruling means the SEC can continue to take a flexible approach in how it investigates and prosecutes complicated enforcement cases.The US Securities and Exchange Commission can extend the statute of limitations in enforcement cases through so-called tolling agreements with targets, a federal appeals court said today, an important win for the agency....
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