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Supreme Court Rules on SEC's Authority to Recover Illegal Gains

The Supreme Court has unanimously ruled that the SEC can strip wrongdoers of illegal financial gains without needing to prove victim losses. The ruling was delivered by Justice Neil M. Gorsuch.

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Justice Neil M. Gorsuch

Our neutral summary

The Supreme Court has unanimously ruled that the SEC can strip wrongdoers of illegal financial gains without needing to prove victim losses. The ruling was delivered by Justice Neil M. Gorsuch.

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Original Headline

Supreme Court Finds S.E.C. Can Strip Wrongdoers of Illegal Financial Gains, Even Without Proof of Victim Loss

Neutral Headline

Supreme Court Rules on SEC's Authority to Recover Illegal Gains