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Second Circuit May Address SEC's 'Tolling Agreements' Tool

The U.S. Court of Appeals for the Second Circuit signaled last month that it may fully address, for the first time, the question of whether a decades-old change to federal law rendered a commonly used tool for extending U.S. Securities and Exchange Commission investigations unenforceable in federal court.

4 minute read July 01, 2021 at 12:03 AM
By
Tom McParland
Second Circuit May Address SEC's 'Tolling Agreements' Tool

The U.S. Court of Appeals for the Second Circuit signaled last month that it may fully address, for the first time, the question of whether a decades-old change to federal law rendered a commonly used tool for extending U.S. Securities and Exchange Commission investigations unenforceable in federal court.

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