(Bloomberg) -- The U.S. Supreme Court signaled it may tighten the time limits that apply when the Securities and Exchange Commission and other government agencies seek to impose fines on people and companies accused of fraud.
Hearing arguments today in Washington, justices across the courts ideological divide voiced doubt about the Obama administrations position in a case involving market timing, the practice of making frequent, short-term trades at the expense of other investors.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access