West Hedanote of the Day – October 27, 2009

October 27, 2009

West's Key 349B Securities Regulation
West's Key 349BI Federal Regulation
West's Key 349BI(E) Remedies
West's Key 349BI(E)1 In General
West's Key 349Bk150 Insiders’ Profits, Recovery of
West's Key 349Bk150.1 k. In General.

The manner in which defendants, who were found to have violated securities laws, chose to spend their misappropriations is irrelevant as to their objection to disgorge; whether they chose to use this money to enhance their social standing through charitable contributions, to travel around the world, or to keep their co-conspirators happy is their own business.
S.E.C. v. Levine, 517 F. Supp. 2d 121 (D.D.C. 2007)

349B Securities Regulation