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United States
Leading Case
uncategorized
Kokesh v. Securities and Exchange Commission
581 U.S. 455 (2017); 137 S. Ct. 1635; 198 L. Ed. 2d 86
Key Principle
Disgorgement imposed as a sanction in an SEC enforcement action operates as a 'penalty' within the meaning of 28 U.S.C. section 2462 and is therefore subject to that statute's five-year limitations period.
Area of Law
s
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