The Supreme Court Hands the S.E.C. a Rare Win – The New York Times

The Securities and Exchange Commission’s record in the Supreme Court has not been strong the past few years.

The court limited the period during which the agency can pursue a fraud claim and required a case seeking disgorgement be filed within five years of the violation.

But the justices handed the S.E.C. a significant victory last month in Lorenzo v. S.E.C., affirming the agency’s authority to pursue fraud cases.

via The Supreme Court Hands the S.E.C. a Rare Win – The New York Times.