Sutherland v. Securities and Exchange Commission
Colin Paul Sutherland v. Securities and Exchange Commission (“SEC”); Citadel Securities LLC; Virtu Financial Inc.; Jane Street Group LLC; Susquehanna International Group LLP; Invesco Ltd.; John Does 1-100 Market Makers
- Laura Swain
- 1:25-cv-09422
- U.S. District Court · Southern District of New York
- 1
Colin Paul Sutherland v. SEC was dismissed, and Judge Swain denied appeal-related fee-free status because the appeal was not deemed in good faith.
Colin Paul Sutherland’s action against the Securities and Exchange Commission, the named companies and entity, and John Does 1-100 Market Makers was dismissed. The court also denied fee-free status for any appeal.
What happened
Colin Paul Sutherland sued the Securities and Exchange Commission and several market-related companies and entities. The opinion gives no facts about his claims or the defendants’ positions.
The court dismissed the action for the reasons stated in a November 26, 2025 order, which is not included here. The court therefore does not explain the dismissal’s specific basis in this opinion.
Judge Laura Taylor Swain also ruled that any appeal would not be taken in good faith and denied fee-free status for an appeal. The opinion does not state whether an appeal was filed.
The detailed version
- Sutherland v. Securities and Exchange Commission · No. 1:25-cv-09422
- Laura Swain
- Dec. 3, 2025
Disposition
The court entered a civil judgment dismissing the action. It stated that the dismissal was for the reasons given in its November 26, 2025 order. That earlier order is not included in the provided opinion, so this judgment does not identify the claims, the parties’ arguments, or the specific legal basis for dismissal.
Appeal-related ruling
The court certified under 28 U.S.C. § 1915(a)(3) that any appeal from the judgment would not be taken in good faith. It therefore denied fee-free status for purposes of an appeal. The opinion does not state that an appeal was filed or otherwise describe any appellate proceedings.
Affected parties
The dismissal ended the action brought by Colin Paul Sutherland against the Securities and Exchange Commission, Citadel Securities LLC, Virtu Financial Inc., Jane Street Group LLC, Susquehanna International Group LLP, Invesco Ltd., and John Does 1-100 Market Makers. The provided text does not explain the effect of the judgment beyond dismissal of the action and denial of fee-free appellate status.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.