U.S. Supreme Court to review SEC’s power to recover ill-gotten gains
The U.S. Supreme Court on
Friday agreed to hear a challenge to the ability of the
Securities and Exchange Commission to recover ill-gotten profits
obtained through misconduct in a case from California that could
weaken the agency’s enforcement power.
Friday agreed to hear a challenge to the ability of the
Securities and Exchange Commission to recover ill-gotten profits
obtained through misconduct in a case from California that could
weaken the agency’s enforcement power.
Posted by Reuters
