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Re: Hi_Lo post# 66813

Friday, 08/25/2023 2:48:45 PM

Friday, August 25, 2023 2:48:45 PM

Post# of 71358

the SEC works closely with the FBI when needed (such as cases where extradition is warranted).



I don't think you understand the nature of SEC enforcement actions. No one has ever been extradited by the SEC (or the FBI acting on behalf of the SEC) since SEC actions are civil and extradition is only used in criminal actions.

You may be thinking of cases where the SEC has referred the case to the US Attorney's office and they decide to bring criminal charges. In those cases extradition may be used, however, then the SEC wouldn't be the plaintiff but rather it would be the United States of America.

It's a common misconception that the SEC is a criminal enforcement agency, they are not. No case where the SEC is the plaintiff will ever end with a jail sentence.
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