Thought Leader Library



Thursday, June 08, 2017

US Supreme Court: Disgorgement Is a Penalty, Limiting SEC’s Reach

Key Points from this Latham & Watkins Client Alert: 

  • The Supreme Court decision will have a significant impact on the SEC’s ability to conduct investigations that take many years, because the statute of limitations may eliminate disgorgement claims as the investigation continues.
  • Both the SEC and those under investigation will have an additional factor to consider in deciding when and how to use tolling agreements. 


Download

Please Note: By downloading this material, you will be leaving SIFMA’s website.




Market Data