John Saad v. SEC

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Case overview

Case Number:

19-1214

Court:

Appellate - DC Circuit

Nature of Suit:

- 

Government Agencies

  1. November 06, 2020

    DC Circ. Keeps Broker's Lifetime FINRA Ban Intact

    The D.C. Circuit rejected a broker-dealer's bid to overturn the Financial Industry Regulatory Authority's decision to ban him from the securities industry for life after determining he misappropriated his employer Penn Mutual's funds, finding Friday that the U.S. Supreme Court's 2017 Kokesh decision has no bearing on the case.

  2. September 24, 2020

    DC Circ. Weighs Reversal of Broker's Lifetime FINRA Ban

    A D.C. Circuit panel on Thursday questioned whether a former broker's lifetime ban from the securities industry could be classified as a punitive sanction when considering whether to reverse an order upholding the Financial Industry Regulatory Authority's ban against the broker.

  3. February 27, 2020

    FINRA-Banned Broker Cites Kokesh In Return To DC Circ.

    A former broker asked the D.C. Circuit on Wednesday to reverse an order upholding his lifetime ban from the securities industry by the Financial Industry Regulatory Authority, calling the penalty punitive rather than remedial.