Michael Hoven

Michael Hoven

Foley Hoag LLP

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Latest Posts › Consolidated Appropriations Act (CAA)

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Congress Expands SEC’s Disgorgement Power in Defense Spending Bill

On January 1, 2021, Congress significantly expanded the SEC’s authority to seek disgorgement as a remedy for violations of the federal securities laws, responding to recent decisions by the U.S. Supreme Court that had limited...more

1/8/2021  /  Consolidated Appropriations Act (CAA) , Disgorgement , Enforcement Actions , Kokesh v SEC , Liu v Securities and Exchange Commission , New Legislation , SCOTUS , Securities and Exchange Commission (SEC) , Securities Exchange Act , Trump Administration
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