Supreme Court to Review SEC's Disgorgement Authority in Key Case
The U.S. Supreme Court is set to hear arguments in Sripetch v. SEC, a case that could redefine the Securities and Exchange Commission's (SEC) authority to impose disgorgement as a remedy. Disgorgement involves stripping defendants of profits gained from violations, regardless of identifiable victim harm. The case addresses whether the SEC must demonstrate pecuniary harm to investors before a court can order disgorgement. The outcome could significantly impact the SEC's enforcement strategies and the financial penalties imposed in securities violations. 
