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Email In a 6-3 decision issued on June 27, 2024 in SEC v. Jarkesy, the U.S. Supreme Court curtailed the U.S. Securities and Exchange Commission’s (“SEC”) enforcement authority in recognizing that there is a right to a jury trial in SEC actions alleging securities fraud where civil penalties are sought. https://www.cadwalader.com/resources/clients-friends-memos/jarkesy-supreme-court-ruling-limits-secs-enforcement-authority