2nd Circ. Asks If SEC Can Keep Contempt Order In Its Pocket
By Pete Brush ( February 23, 2016, 2:15 PM EST) -- The Second Circuit showed little sympathy Tuesday for an alleged recidivist stock fraudster who still owes $25 million on a 2001 U.S. Securities and Exchange Commission judgment but asked whether the defendant — currently jailed on new criminal fraud allegations — could later be re-jailed for civil contempt without additional review....
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