The justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President Donald Trump's administration had defended the SEC in the case.

The justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President Donald Trump's administration had…

The Supreme Court has upheld a broad reading of the authority of the Securities and Exchange Commission to recoup ill-gotten gains from people who engage in securities fraud