Former Securities and Exchange Commission (SEC) Chairmen, Commissioners, and Senior Officials, including Lynn Turner, are signatories on a brief of amici curiae filed with United States Supreme Court on March 3, 2021, in the case GOLDMAN SACHS GROUP, INC., ET AL., Petitioners, v. ARKANSAS TEACHER RETIREMENT SYSTEM, ET AL., Respondents. Topics addressed by the brief include:
- Significant benefits to the public markets of the United States resulting from truthful and accurate reporting and disclosure of information.
- Preventing the propagation of false information, which maintains artificially-elevated stock prices, is important to supporting efficient capital markets.
- Private litigation is a valuable complement to the SEC’s enforcement actions and resources.