Disgorgement Is Both Penalty And Forfeiture, Petitioner Argues

(March 17, 2017, 9:46 AM EDT) -- WASHINGTON, D.C. — The 10th Circuit U.S. Court of Appeals erred in determining that disgorgement is not a penalty or forfeiture pursuant to 28 U.S. Code Section 2462, 28 U.S.C. §2462, and thus, is not subject to a five-year statute of limitations, a petitioner argues in a Feb. 24 merits brief (Charles R. Kokesh v. Securities and Exchange Commission, No. 16-529, U.S. Sup., 2017 U.S. S. Ct. Briefs LEXIS 647)....