In previous years, the Court released ... (click to view)
Editor's Note :
In previous years, the Court released orders the morning after the Court’s “Long Conference.” It has not done so this year. Beginning last Term, the Court consistently considered petitions at least two times before granting certiorari. To the extent that practice continues -- and there is no affirmative evidence the Court intends to drop it -- so we are again doubtful that certiorari will be granted in any cases today.
Issue: Whether, to satisfy the “substantial assistance” requirement of Section 20(e) of the Securities Exchange Act, which authorizes the Securities and Exchange Commission to bring civil aiding-and-abetting claims, the SEC must allege and prove that the defendant’s conduct was a proximate cause of the primary violation.
Proceedings and Orders
Jan 18 2013
Application (12A725) to extend the time to file a petition for a writ of certiorari from February 11, 2013 to March 13, 2013, submitted to Justice Ginsburg.
Jan 18 2013
Application (12A725) granted by Justice Ginsburg extending the time to file until March 13, 2013.