Mealey's (October 15, 2019, 4:57 PM EDT) -- WASHINGTON, D.C. — U.S. Supreme Court review of an alleged Ponzi scheme operator’s appeal of a federal circuit court’s upholding of a lower court’s grant of a preliminary injunction in a securities lawsuit is not warranted because the circuit court correctly held that the Securities and Exchange Commission may pursue its enforcement action against the defendant for operating a “Ponzi scheme that defrauded domestic and foreign investors in violation of the federal securities laws,” the SEC argues in a Sept. 20 opposition brief filed in the Supreme Court (Charles D. Scoville v. Securities and Exchange Commission, No. 18-1566, U.S. Sup.)....