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SEC vs. Interport Resources Case Summary by Minorka Sushmita Pataunia Santoluis is a document available to read on EtoBox.
The SEC filed a case against Interport Resources Corporation and its directors for alleged violations of disclosure rules under the Revised Securities Act. The Court of Appeals issued an injunction preventing the SEC from filing any case. The Supreme Court ruled that: (1) Sections 8, 30, and 36 of the Revised Securities Act did not require implementing rules to be effective; (2) a criminal case could still be filed as the provisions were re-enacted in the Securities Regulation Code; and (3) the SEC retained
- Author
- Minorka Sushmita Pataunia Santoluis
- Language
- EN