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Expert Analysis

Anticipating Jarkesy's Effect On Bank Agency Enforcement

By Brendan Clegg ( October 22, 2024, 4:38 PM EDT) -- The U.S. Supreme Court's June decision in SEC v. Jarkesy,[1] affirming the right of the defendants to a jury trial in federal court when the U.S. Securities and Exchange Commission sought civil penalties for alleged securities fraud, could have far-reaching implications on the administrative enforcement process used by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board....

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