Gabelli v. SEC

Gabelli v. SEC
Supreme Court of the United States
Argued January 8, 2013
Decided February 27, 2013
Full case nameGabelli et al. v. Securities and Exchange Commission
Docket no.11-1274
Citations568 U.S. 442 (more)
133 S. Ct. 1216; 185 L. Ed. 2d 297; 2013 U.S. LEXIS 1861; 81 U.S.L.W. 4142
ArgumentOral argument
Case history
PriorSEC v. Gabelli, No. 1:08-cv-03868, 2010 WL 1253603 (S.D.N.Y. Mar. 17, 2010); reversed, 653 F.3d 49 (2d Cir. 2011); cert. granted, 567 U.S. 968 (2012).
SubsequentSEC v. Gabelli, 518 F. App'x 32 (2d Cir. 2013)
Holding
The statute of limitations for filing civil penalty actions initiates when the offending act is committed. Reversed and remanded.
Court membership
Chief Justice
John Roberts
Associate Justices
Antonin Scalia · Anthony Kennedy
Clarence Thomas · Ruth Bader Ginsburg
Stephen Breyer · Samuel Alito
Sonia Sotomayor · Elena Kagan
Case opinion
MajorityRoberts, joined by unanimous
Laws applied
28 U.S.C. § 2462

Gabelli v. SEC, 568 U.S. 442 (2013), was a United States Supreme Court case in which the Court ruled that the statute of limitations for filing civil penalty actions initiates when the offending act is committed or finished.[1][2][3]

  1. ^ Gabelli v. SEC, 568 U.S. 442 (2013).
  2. ^ Macey, Jonathan (February 28, 2013). "Opinion analysis: That which does not kill the SEC may make the agency stronger". SCOTUSblog. Retrieved October 19, 2013.
  3. ^ Dimond, Thomas. "Supreme Court Clarifies Federal Statute of Limitations And Restricts Civil Penalty Actions". Ice Miller LLP. Archived from the original on October 20, 2013. Retrieved October 19, 2013.