September 05, 2014
The U.S. Securities and Exchange Commission won't be challenging the D.C. Circuit's July ruling preventing the SEC from ordering Securities Investor Protection Corp. to compensate victims of Robert Allen Stanford's $7 billion Ponzi scheme, a spokesman for the agency said Friday.
August 22, 2014
A Louisiana congressman, whose constituents include victims of Robert Allen Stanford, has urged the U.S. Securities and Exchange Commission to fight a recent D.C. Circuit ruling that said many investors in the $7 billion Ponzi scheme are not entitled to Securities Investor Protection Corp. relief.
October 16, 2013
The U.S. Securities and Exchange Commission asked the D.C. Circuit on Tuesday to reverse a landmark lower court ruling preventing the agency from petitioning the Securities Investor Protection Corp. from compensation for Robert Allen Stanford's $7 billion Ponzi scheme.