High Court To Hear Appeal In SEC Enforcement Action Over Disgorgement Fee

Mealey's (January 17, 2017, 2:23 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Jan. 13 agreed to hear an appeal in a Securities and Exchange Commission enforcement action in which an investment adviser seeks a determination as to whether claims for disgorgement are subject to a five-year statute of limitations under federal statute (Charles R. Kokesh v. Securities and Exchange Commission, No. 16-529, U.S. Sup.)....