![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, December 16, 2020 2:01:39 AM
Courts have repeatedly held that an “SRO (self-regulatory organization, speaking of FINRA) and its officers are entitled to absolute immunity from private damages suits in connection with the discharge of their regulatory responsibilities.”
However, Federal Tort Claims Act (FTCA), a 1946 law that allows US citizens to sue government agencies. Under this law, government agencies have “sovereign immunity” from liability for discretionary acts, but may be held liable in some cases for failing to perform “nondiscretionary duties.”
What ever attorney you speak too will most likely cover this with you. Keep in mind, the retainer is going to be steep. Good Luck
Recent SGMD News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 08:54:54 PM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM
Reliant Coffee Debuts at #271 on the Inc. 5000 List of Fastest Growing Companies - Coffee Service Industry Disruptor Brews Up Exponential Growth Sep 5, 2024 11:51 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • MFL • Sep 4, 2024 9:02 AM
Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • INTV • Sep 4, 2024 8:45 AM
Avant Technologies Announces Strategic Review Process Intended to Maximize Shareholder Value • AVAI • Sep 4, 2024 8:00 AM