Supreme Court says SEC disgorgement is subject to 5-year limitations period
June 12, 2017
By Thomas Zaccaro, Nicolas Morgan, Peter Brejcha, and Kyle Jones
Last week the U.S. Supreme Court ended a disagreement among the circuits about the application of the five-year limitations period set forth in 28 U.S.C. Section 2462 to disgorgement actions brought by the U.S. Securities and Exchange Commission.