So Ordered
Sripetch v. Securities and Exchange Commission
27:34
The Court holds that the Securities and Exchange Commission need not prove that investors suffered a pecuniary loss before it may obtain a disgorgement award against a securities-law violator. Under traditional equitable principles, a court may strip a wrongdoer of the gains attributable to his unlawful conduct even when his victims cannot show any measurable financial harm, so a finding of…