About this document

SEC vs. Interport Resources Case Review by ariel_080503 is a document available to read on EtoBox.

The SEC filed a petition for review against IRC and its directors for alleged violations of the Revised Securities Act related to failure to disclose material information about negotiations and insider trading. The Court of Appeals ruled in favor of IRC, finding that the SEC lacked authority without implementing rules of the RSA. The Supreme Court reversed, finding that the RSA contained sufficient standards and intent to be implemented without additional rules. The SEC was found to have proper authority to

Author

ariel_080503

Language

EN