(March 2, 2020, 9:32 AM EST) -- WASHINGTON, D.C. — A Seventh Circuit U.S. Court of Appeals panel erred in affirming a trial court’s award of a civil penalty in a Securities and Exchange Commission enforcement action that amounted to two times avoided losses because the panel failed to consider that the defendant in the action acted as a cooperating whistleblower whose information led to both guilty pleas and a conviction, an investor argues in a Feb. 6 petition for writ of certiorari filed in the U.S. Supreme Court (Gary S. Williky v. Securities and Exchange Commission, No. 19-997, U.S. Sup., 2020 U.S. S. Ct. BRIEFS LEXIS 471)....