Dan Shaw

Dan is a business journalist with diverse experience in local newspapers, industry publications and international media. He spent two years as an editor at China Daily after graduating from the University of Missouri-Columbia. His work has covered banking, local governments and the legal profession among other subjects. Currently, he focuses on how politics, policy and regulation impact the financial planning industry.

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The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

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Recent Articles

Supreme Court Strips SEC of Power to Impose Fines and Seize Assets Through Administrative Law Judges: Implications for Federal Agencies and Jarkesy's Case

Supreme Court Strips SEC of Power to Impose Fines and Seize Assets Through Administrative Law Judges: Implications for Federal Agencies and Jarkesy's Case

Broke On: Thursday, 27 June 2024 In a landmark decision, the US Supreme Court ruled that the Securities and Exchange Commission (SEC) cannot impose fines or force wrongdoers to return ill-gotten gains through administrative law judges (ALJs), overturning Jarkesy's $1 million penalty for securities misstatements. The ruling could impact dozens of federal agencies, potentially stripping them of their ability to seek civil penalties.