A New Supreme Court Ruling Could Spell Trouble for the SEC’s CAT
The SEC's Consolidated Audit Trail collects information on virtually every stock-market transaction in the United States, creating an enormous database that regulators can search for suspicious activity without first identifying a particular person or crime.
NCLA has long argued that this mass collection and searching of Americans' financial information violates the Fourth Amendment. Now, a new Supreme Court decision could strengthen that challenge.
On this episode of Unwritten Law, NCLA President and Chief Legal Officer Mark Chenoweth and Senior Litigation Counsel John Vecchione are joined…
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