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The Supreme Court has ruled that the SEC has the authority to strip wrongdoers of illegal financial gains without needing to demonstrate that victims incurred losses. This unanimous decision was authored by Justice Neil M. Gorsuch.
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The Supreme Court has ruled that the SEC has the authority to strip wrongdoers of illegal financial gains without needing to demonstrate that victims incurred losses. This unanimous decision was authored by Justice Neil M. Gorsuch.
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Supreme Court Finds S.E.C. Can Strip Wrongdoers of Illegal Financial Gains, Even Without Proof of Victim Loss
Supreme Court Rules SEC Can Recover Illegal Gains Without Proof of Victim Loss