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Supreme Court Upholds FCC Fining Power and SEC Disgorgement Authority
PoliticsbloombergNYTcnbc+5The IndependentYahoochannel-news-asiaseeking-alphaexpress-tribune2mo ago8 sources

Supreme Court Upholds FCC Fining Power and SEC Disgorgement Authority

The U.S. Supreme Court has sided with the FCC in its dispute with wireless carriers over the agency's power to levy fines. Additionally, the court upheld the SEC's authority to strip wrongdoers of illegal financial gains, even without proof of victim loss.