Reuters

US Supreme Court backs SEC in fight over 'disgorgement' power

Title: Supreme Court Upholds SEC’s Authority to Seize Ill-Gotten Gains

The US Supreme Court has ruled in favor of the Securities and Exchange Commission, affirming the agency’s power to pursue "disgorgement" in its legal battles. This decision validates the SEC's ability to strip wrongdoers of profits derived from securities violations, a critical tool in the regulator’s enforcement arsenal. By backing the commission, the high court has reinforced the SEC's capacity to combat financial fraud and deter future misconduct by ensuring that offenders do not retain the benefits of their illegal activities.


Source: Reuters Generated at: 2026-06-04 14:28:05 UTC

Related Articles

How One Company Plans to Mine the Bottom of the Sea
New York Times

How One Company Plans to Mine the Bottom of the Sea

A company plans to mine trillions of dollars in valuable metals from the ocean floor, targeting seabed resources for ext...

New York Times

Ultra-Orthodox Riot Shocks Israelis In Latest Protest At Military Draft

Ultra-Orthodox riots against military conscription shocked Israel, deepening societal fractures ahead of national electi...

Financial Times

Taxpayers suffer from ‘permafrost’ of allowances frozen for decades

A study urges overhauling the tax framework, as stagnant thresholds frozen for decades fail to adjust for inflation, lea...

Senate Voting on Motion to Bar Trump From Creating Compensation Fund
New York Times

Senate Voting on Motion to Bar Trump From Creating Compensation Fund

Senator Chuck Schumer addressed the Senate floor on Tuesday regarding a proposal to prohibit Trump from establishing a c...

Financial Times

The case for raising UK interest rates is growing

As energy costs surge, the case for the Bank of England to preemptively raise interest rates strengthens to counteract s...

Reuters

Former Trump adviser Bolton to plead guilty in classified documents, CNN reports

Former Trump adviser John Bolton is set to plead guilty to mishandling classified documents, according to CNN reports.