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.
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Supreme Court Finds S.E.C. Can Strip Wrongdoers of Illegal Financial Gains, Even Without Proof of Victim Loss
The justices unanimously sided with the independent financial watchdog, finding that the agency could collect ill-gotten money, even if it could not show victims had suffered financial loss.
By Abbie VanSickle
Read full article →Supreme Court sides with FCC in clash with wireless carriers over fines
The U.S. Supreme Court backed the FCC's system for levying fines, ruling on Thursday against AT&T and Verizon in their challenge to the agency.
Read full article →US Supreme Court rules against wireless carriers in battle over fines
The legal battle emerged after the FCC levied substantial fines against several carriers
By John Kruzel
Read full article →Supreme Court sides with Trump administration on federal regulation of telecom companies
Read full article →Supreme Court upholds SEC's disgorgement power irrespective of financial harm to victims
Read full article →Coverage Timeline
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