Petition for Review of SEC Order
In Riordan v. SEC, No. 10-1034, a petition for review of an order by the Securities and Exchange Commission, in which the SEC found petitioner liable for various violations of the securities laws and imposed heavy sanctions on him, the court denied the petition where the record overwhelmingly demonstrated that petitioner paid an official in return for state business; and 2) the SEC’s cease-and-desist order was not a “fine, penalty, or forfeiture” covered by the five-year statute of limitations in 28 U.S.C. section 2462.
Related Resources
- Read the DC Circuit’s Decision in Riordan v. SEC, No. 10-1034
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