UPDATE 2-U.S. Supreme Court leans toward SEC’s power to recover ill-gotten gains
02 Mar UPDATE 2-U.S. Supreme Court leans toward SEC’s power to recover ill-gotten gains
Posted at 19:23h
in
News
by KMFSLLP
U.S. Supreme Court justices
on Tuesday appeared inclined to back the Securities and Exchange
Commission’s power to use federal courts to force defendants to
surrender profits obtained through fraud as part of enforcement
of investor-protection laws.
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