Supreme Court questions SEC’s power to recoup billions
The justices considered the commission's use of “disgorgement” to collect ill-gotten gains from wrongdoers
Supreme Court justices appeared ready to limit the Securities and Exchange Commission’s ability to recoup ill-gotten profits from wrongdoers, hearing arguments on a legal tool the commission has used to collect billions of dollars.
In an hour-long session Tuesday, the justices considered the SEC�
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