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BSCN· 2026-04-20 16:48
SUPREME COURT SIGNALS LITTLE INTEREST IN LIMITING SEC DISGORGEMENT POWERThe Supreme Court heard oral arguments Monday in Sripetch v. SEC and signaled little interest in imposing new limits on the agency's disgorgement authority, a core SEC enforcement tool. The case turned on whether the SEC must prove investors suffered financial harm before forcing defendants to give up illicit profits.Disgorgement is the largest component of SEC financial recoveries. The agency secured orders for more than $6 billion in ...