We have become used to the Securities and Exchange Commission extracting disgorgement of ill-gotten gains from those violating the securities laws. However, the enabling laws do not explicitly grant the SEC the right to disgorgement. We seem to accept that power, but how far back can the SEC go to grab cash from defendants?
In the SEC’s case against Charles Kokesh, the SEC wants to go back ten years….
‘Enforcement 40’ for 2020
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