2nd Circ. Lowers Bar For SEC Claims Against Fraud Abettors

By Max Stendahl (August 8, 2012, 3:23 PM EDT) -- The U.S. Securities and Exchange Commission is not required to prove that a defendant directly caused injuries in a securities fraud in order to bring claims for aiding and abetting fraud, the Second Circuit ruled Wednesday in a precedential decision that experts called a boon to the agency....

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