Nomura Seeks SCOTUS Review of $800 Million Fine Paid to FHFA; SIFMA Offers Support
April 20, 2018
Nomura Securities wants the Supreme Court of the United States to hear its case after losing an appeal in October to overturn an $800 million penalty assessed by the Federal Housing Finance Agency. The firm argues that the high court should determine whether the Housing and Economic Recovery Act’s extension of the statute of limitations applies to statutes of repose.