Jason S. Lewis

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The Supreme Court Agrees to Determine Whether SEC Actions Seeking Disgorgement are Subject to the Five-Year Limitations Period Set Forth in 28 U.S.C. § 2462

By Jason S. Lewis on January 29, 2017

At the urging of both an individual petitioner and the SEC, the Supreme Court has agreed to resolve a recent circuit split as to whether the five-year limitations period applicable to SEC enforcement actions applies to the remedy of disgorgement. Kokesh v. SEC, __ S. Ct. __, No. 16-529, 2017 WL 125673 (U.S. Jan.…

SEC Continues Enforcement Push as Outlined in its Announcement of FY 2016 Statistics

By Jason S. Lewis on October 13, 2016

Posted in SEC

In an announcement this week related to FY 2016 enforcement statistics, the SEC reported another increase and outlined its continued robust efforts. In 2016, the SEC filed 868 enforcement actions besting its 2015 total by 61 actions and 2014 by 113 actions. Although enforcement actions were up, the SEC announced that it had obtained judgments…