Investigations, Enforcement, & Compliance Alerts

In Loper Bright v. Raimondo and Relentless v. Department of Commerce, the Supreme Court overruled its landmark decision in Chevron U.S.A. Inc. v. Natural Resources Defense Council, Inc. (1984) in a 6-3 decision. Courts will now interpret federal statutes without being required to accept an agency’s “permissible” interpretation of an ambiguous statute.

On June 27, 2024, the Supreme Court handed down its decision in SEC v. Jarkesy, holding that the Seventh Amendment entitles defendants to a jury trial in an Article III court when the SEC seeks civil penalties for securities fraud.