An Elon Musk-backed Supreme Court ruling makes it harder to punish fraud
The U.S. Supreme Court just struck down a key tool used by the Securities and Exchange Commission to enforce laws against securities fraud in a major win for billionaires such as Tesla CEO Elon Musk. The court ruled Thursday against the agency in SEC v. Jarkesy, a case brought by former conservative radio talk show host and hedge fund manager George Jarkesky, who…
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