Daily Archives: March 11, 2020, 8:37 am

SCOTUS Oral Argument Suggests SEC Disgorgement Will Survive—But Might Be Limited To Victim Compensation | Seyfarth Shaw LLP – JDSupra

Seyfarth Synopsis: On Tuesday, March 3, 2020, the Supreme Court heard oral arguments in Liu et al v. Securities and Exchange Commission, in what some thought would be a landmark case on the SEC’s power to seek disgorgement from a court for violations of securities laws.[1] In questioning both parties, the Justices did not seem inclined to eliminate SEC disgorgement…

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U.S. SEC staff stay home after employee treated for coronavirus symptoms – Reuters

Staff at the U.S. securities regulator were working from home on Tuesday after an employee at its Washington, D.C., headquarters was treated for coronavirus symptoms, the Securities and Exchange Commission said. The markets regulator also canceled Wednesday’s scheduled public meeting of the agency’s commissioners, after saying earlier on Tuesday that it would go ahead with it while urging attendees to…

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