US Supreme Court limits SEC’s power to recover ill-gotten gains
Published
High court rules that regulator can only claw back the net profits of a fraud
Full ArticlePublished
High court rules that regulator can only claw back the net profits of a fraud
Full ArticleThe US Supreme Court made a ruling on June 23 which will limit the amount of fines the SEC can impose on crypto and blockchain..
But the justices rejected a request that they rule the agency can never sue for disgorgement of profits obtained by fraud.