U.S. Supreme Court leans toward SEC’s power to recover ill-gotten gains

March 3, 2020 admin Business News Comments Off on U.S. Supreme Court leans toward SEC’s power to recover ill-gotten gains

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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Source:: Reuters – Business News