Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases - AP News
business 2026/06/04 14:30:00

Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases - AP News

Source:Associated Press
Author:Mark Sherman

The Supreme Court has upheld a broad reading of the authority of the Securities and Exchange Commission to recoup ill-gotten gains from people who engage in securities fraud. The justices ruled unanimously Thursday against Ongkaruck Sripetch, who pleaded guil…