Securities and Exchange Commission v. Maurice Rind

How courts have described this case

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

• noting that imposing time limits on SEC enforcement actions would undermine federal policy because “securities fraud may involve multiple parties and transactions of mind boggling complexity”
• noting that although no statute of limitations applied to S.E.C.’s enforcement claim, “a court may exercise its discretion to limit the Commission’s power to seek relief’
• noting that disgorgement is an equitable, not a legal, remedy
• \ 'The deterrent effect of [an SEC] enforcement action would be greatly undermined if securities law violators were not required to disgorge illicit profits' \
• “a district court may grant the Commission’s request for disgorgement even where no injured investors can be identified”
• “[D]isgorgement actions further the Commission’s public policy mission of protecting investors and safeguarding the integrity of the markets”

Source: CourtListener parenthetical corpus (CC0).