Riordan v. Securities & Exchange Commission

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that §2462 does not apply to SEC disgorgement claims
• explaining that because “order simply requires [defendant] not to violate the relevant securities laws in the future,” it is “purely remedial and preventative and not a penalty or forfei ture” (internal quotation marks omitted)
• “[D]isgorgement orders are not penalties, at least so long as the disgorged amount is causally related to the wrongdoing.”
• labeling the cease-and-desist order “remedial”

Source: CourtListener parenthetical corpus (CC0).