Supreme Court May Clip SEC's Enforcement Power

, The National Law Journal

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A case argued Tuesday considers whether the use of "disgorgement" by the U.S. Securities and Exchange Commission should be considered a penalty subject to a five-year statute of limitations.

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  • F. Fisch

    5 years is not enough time to collect the disgorgements. These people often hide money very elaborately or otherwise transfer it to others. I agree with DoJ; it‘s not a penalty but a need for status quo and to NOT REWARD criminals for outlasting the government.

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