June 6, 2017
Tuesday’s Regulatory & Legislative Roundup
- The Securities and Exchange Commission (SEC) attempted to extend the statute of limitations. The SEC unsuccessfully asked the Supreme Court of the United States to allow the regulatory agency to file disgorgement suits at any time because disgorgement is not a part of the 28 U.S.C carve-outs code 2462.
- The Public and Affordable Housing Research Corporation (PAHRC), released a report examining the impact of federal housing on “poverty, economic mobility for low-income families, save money for communities, and stimulate economic growth.” Additionally, the report details various methods community leaders may use to provide low-income agencies with the agency realize their full potential.
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