The United States Court of Appeals for the Second Circuit has cut short the SEC’s ability to seek disgorgement without demonstrating actual financial harm to investors. Ripple’s Chief Legal Officer, Stuart Alderoty, and legal expert Jeremy Hogan have provided key insights into the repercussions of the case for both regulatory practices and impacted companies like Ripple.
In a case involving the SEC and defendant Jignesh Govil, the Second Circuit limited the SEC’s reach for disgorgement,…
