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Expert Analysis

3 Ways High Court's Liu V. SEC Ruling Curtails FTC Authority

By Mark Hopson, Benjamin Mundel and Lucas Croslow ( July 14, 2020, 5:33 PM EDT) -- In a much anticipated decision, the U.S. Supreme Court held that the U.S. Securities and Exchange Commission can obtain disgorgement as a form of equitable relief, but it can do so only to the extent the award "does not exceed a wrongdoer's net profits and is awarded for victims."...

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