At Sripetch Oral Argument, Supreme Court Weighs the Future of SEC Disgorgement

On April 20, 2026, the U.S. Supreme Court heard oral argument in Sripetch v. SEC to consider the limits of the SEC’s authority to seek disgorgement of a securities law violator’s ill-gotten gains. Disgorgement is a critical tool for the SEC’s enforcement efforts. More than half of the $2.7 billion in monetary remedies the SEC obtained in fiscal year 2025 came in the form of an order to pay disgorgement.... By: McGuireWoods LLP