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

Summary by Oskaloosa Herald
The Supreme Court has upheld a broad reading of the authority of the Securities and Exchange Commission to recoup ill-gotten gains from people who engage in securities fraud. The justices ruled unanimously Thursday against Ongkaruck Sripetch, who pleaded guilty to…

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

The Supreme Court has upheld a broad reading of the authority of the Securities and Exchange Commission to recoup ill-gotten gains from people who engage in securities fraud.

·New York, United States
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The Record broke the news in Waterloo, Canada on Thursday, June 4, 2026.
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