Alpine Securities Corp. v. Securities and Exchange Commission
Petition for certiorari denied on November 8, 2021
Issue: Whether the Security and Exchange Commission"s assertion of independent authority to interpret and enforce the Bank Secrecy Act contravenes Congress"s decision to entrust enforcement of the Bank Secrecy Act"s comprehensive anti-money-laundering regime to the Treasury Department, a politically accountable executive agency.
SCOTUSblog Coverage
- Limits on SEC enforcement and the power of state AGs to avoid arbitration (Mitchell Jagodinski, August 6, 2021)