Layne S. R. Behrens

Weil, Gotshal & Manges LLP

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Recently by Layne S. R. Behrens


In Gabelli, Supreme Court Holds SEC Enforcement To Strict Five-Year Limitations Period For Penalties; Will The Other Shoe Drop In Bartek?

In Gabelli v. SEC, No. 11-1274, 2013 WL 691002 (U.S. Feb. 27, 2013), the Supreme Court unanimously adopted a bright-line rule that, in SEC enforcement cases where the SEC seeks civil money penalties, the five-year statute of limitations provided for in 28 U. S. C. §2462[1] begins to run when...

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