High Court Review Of SEC Disgorgement Award Sought In Light Of Kokesh

(September 12, 2019, 6:55 PM EDT) -- WASHINGTON, D.C. — U.S. Supreme Court review of a federal appellate court’s ruling in a Securities and Exchange Commission enforcement action holding that the SEC may seek disgorgement in addition to injunctive relief and a civil monetary penalty is not warranted because the ruling was correct and does not conflict with any decision of the Supreme Court or any other federal court of appeal, the United States argues in an opposition brief filed Sept. 4 in the Supreme Court (Charles C. Liu, et al. v. Securities and Exchange Commission, No. 18-1501, U.S. Sup.)....