“With no definitive court ruling and the potential for conflicting judicial opinions, the SEC’s decision to drop the case can be seen as an implicit acknowledgment that its legal footing was not as solid as it initially claimed, said Charlyn Ho, managing member at Rikka Law.
“With no definitive court ruling and the potential for conflicting judicial opinions, the SEC’s decision to drop the case can be seen as an implicit acknowledgment that its legal footing was not as solid as it initially claimed, said Charlyn Ho, managing member at Rikka Law.