Tag: disgorgement

High Court Rejects SEC Effort to Avoid Limitation Period Again

p>Section 2462 of Title 28 imposes a five year statute of limitations in “an action, suit or proceeding for the enforcement of any civil fine, penalty, or forfeiture . . .” Twice the SEC has told the Supreme Court that

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Supreme Court Considers Time Limits On SEC Disgorgement Claims

Disgorgement, one of the SEC’s primary remedies, was the focus of intense debate during arguments before the Supreme Court in Kokesh v. SEC, No. 16-529 (S.Ct.) earlier this week. At issue was whether the remedy is subject to the five

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