Digital Brand Media and Marketing Group Inc (DBMM)

[THall]

So you think its a good thing that the Supreme Court took away organizations like the SEC rights to hold fraudsters accountable? Are you really that clueless or do you just post shit to be posting? They just made it easier for fraudsters to commit crimes like securities fraud. How in the hell is this a good thing for DBMM or any other company that trades?

Poo28

Member Level
Re: None

Thursday, June 27, 2024 4:04:56 PM

Post#
348186
of 348193
SCOTUS Modifies SEC Regulations for Financial Fraud

SCOTUS removes power of SEC to prosecute financial fraud, and shifts it to Federal Court, potentially with a jury.

This is a very impactful piece of law and is very significant to the OTC . Administrative Proceedings currently was intended to expedite process, but the independence or lack thereof—remember Lucia — and the expense of litigating in Federal Court , is another complication.

Note it is financial fraud and would effect the Kramer type cases

Stay tuned is an understatement.

$DBMM

https://www.cnn.com/2024/06/27/politics/supreme-court-limits-power-of-sec-to-unilaterally-enforce-financial-fraud-regulations?cid=ios_app