NOT FOR REPRINT
Judge Orders SEC to Hand Over Texting Fine Data
News March 11, 2026 at 02:04 PM
Share & Print
What You Need To Know
- A financial services trade group sued the SEC in June 2024 for failing to produce documents under FOIA on how off-channel communications fines were calculated.
- In a ruling March 5, the judge ordered the SEC to turn over spreadsheets used to determine the fines, some of which reached $125 million.
- Lawyer Nick Morgan called the ruling "a significant win for transparency and a stinging rebuke of the SEC's litigation conduct."
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Immediate Answers to Critical Tax Questions At Your Fingertips
Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.
Get More InformationRecently Added Q&As
Recently Updated Q&As
What is the temporary "senior deduction" deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
What are the FinCEN beneficial ownership information reporting requirements that were set to apply to LLCs and other small business entities starting in 2024?
Get Answer
Recently Updated Q&As
What requirements must be satisfied for an investment advice fiduciary to qualify under the DOL's fiduciary PTE 2020-02?
Get Answer
Recently Updated Q&As
What are the contribution limits on an HSA?
Get Answer