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CryptoNewsZ 2023-06-14 12:02:15

SEC responds to the last week’s Third Circuit’s decision

The SEC responded formally to the Third Circuit Court of Appeals’ ruling last week, which weakened its authority to take back money gained through violating securities laws. This decision diminished the SEC’s power to demand disgorgement, a key part of retrieving illegally obtained funds from violators. The SEC disagreed with the Third Circuit’s judgment, claiming …

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