D.C. Circuit Halts Expedited Enforcement Proceeding Against Broker

(July 7, 2023, 12:29 PM EDT) -- WASHINGTON, D.C. — A divided District of Columbia Circuit U.S. Court of Appeals enjoined the Financial Industry Regulatory Authority (FINRA) from carrying out expedited enforcement proceedings against a securities broker, with a panel majority deeming the “stringent requirements” for an injunction pending appeal satisfied....