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Greensmeans

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Greensmeans

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Friday, 01/15/2021 9:50:40 AM

Friday, January 15, 2021 9:50:40 AM

Post# of 70042
Congress tucked a nice surprise for the SEC Enforcement Division deep inside the voluminous National Defense Authorization Act. Section 6501 of the measure, enacted on Jan. 1 via an override of a presidential veto, explicitly authorizes the SEC to bring claims for disgorgement in federal district courts and extends the limitations period for fraud-based disgorgement claims from five to 10 years
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