It’s the latest tussle involving the Trump administration’s efforts to roll back Obama-era environmental regulation.
The verdict is a victory for Wall Street and deals a blow to the regulator's enforcement powers.
The U.S. Supreme Court rejected the bid of the former AIG CEO to escape civil fraud charges as his trial continues.
The court denied his bid to overturn his conviction and 110-year prison term for running a $7.2 billion Ponzi scheme.