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The Nexus
BUSINESSJun 4 · 14:31 UTCSEATTLE TIMESMARK SHERMAN

Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases

The Supreme Court upheld a broad interpretation of the Securities and Exchange Commission's authority to recover ill-gotten gains from individuals involved in securities fraud. This decision reinforces the SEC's ability to address financial misconduct in fraud cases.

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