Legal Opinion
Koch v. Securities & Exchange Commission
Court of Appeals for the D.C. Circuit
Decided July 14, 2015No. 14-1134PublishedCited by 21 opinions
1Opinion of the Court
Opinion for the Court filed by Circuit Judge HENDERSON.
KAREN LeCRAFT HENDERSON, Circuit Judge:
The main purpose of the stock market is to make fools of as many men as possible. —Bernard M. Baruch
As an investment adviser, Donald Koch purchased stock from three small banks and made trades to increase the price of those shares immediately before the daily close of the stock market. This piqued the market-manipulation antennae of the Securities and Exchange Commission (SEC or Commission). The SEC investigated Koch and his company, Koch Asset Management (KAM), and eventually charged them both with…
2Cases cited23 opinions
- Pierce v. UnderwoodSupreme Court of the United States · 1988
- Landgraf v. USI Film ProductsSupreme Court of the United States · 1994
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Kansas v. HendricksSupreme Court of the United States · 1997
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
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3Cited by21 opinions
- Consumer Financial Protection v. Chance GordonCourt of Appeals for the Ninth Circuit · 2016
- Set Capital LLC v. Credit Suisse Group AGCourt of Appeals for the Second Circuit · 2021
- The Robare Group, LTD. v. SECCourt of Appeals for the D.C. Circuit · 2019
- Raymond J. Lucia Companies, Inc. v. Securities & Exchange CommissionCourt of Appeals for the D.C. Circuit · 2016
- Bartko v. Securities & Exchange CommissionCourt of Appeals for the D.C. Circuit · 2017
16 more not listed; retrieve them via the Exa API.