The U.S. Securities and Exchange Commission (SEC) has filed a request to submit one lengthy reply for excluding the Defendants’ Expert Witnesses. The watchdog is putting all its efforts to restrict Ripple’s 10 Testimonies.
SEC wants to file a lengthy reply
According to the letter, the SEC seeks to leave and submit one omnibus reply which will be up to 90 pages in length. It mentioned that the court granted the commission to file the motion to exclude the testimony up to 120 pages in length.
The SEC highlighted that the motive behind this motion is to exclude the testimony of ten experts retained by the defendants. It added that the court order does not specify the page limit for replies.
The letter mentioned that the motions and responses shall be limited to 15 pages. While the court’s individual practices in Civil cases hold a 15 page limit for filing replies. However, the SEC’s proposed 90 page limit.
The commission state that Ripple and the Defendants do not object to their request. Meanwhile, they request 11 pages for each reply brief in such further motions. The SEC does not want to object to the defendant’s request.
