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Join the Securities Litigation and Enforcement Group on LinkedInSupreme Court skeptical about SEC’s powers of ‘disgorgement’ – The Washington Post
The Supreme Court indicated Tuesday that the federal government does not have the wide power it claims in pursuing the ill-gotten profits of fraudulent behavior. Justices across the board were at least skeptical of the Securities and Exchange Commission’s claim that it is not bound by a five-year statute of limitations when it seeks “disgorgement,” […]
New SEC Alums Swarm ‘Revolving Door’ to Financial, Law Firms | Big Law Business
More than half the high-ranking SEC officials who left the agency since January 2016 landed at law and financial firms, with Debevoise & Plimpton LLP leading the pack. Debevoise, private equity manager Blackstone Group LP and other firms hired 15 of the 26 Securities and Exchange Commission officials Bloomberg BNA tracked since their departures were […]