The U.S. Supreme Court upholds a broad interpretation of the Securities and Exchange Commission’s authority to seek repayment of ill-gotten gains in securities fraud cases, according to multiple reports. The decision affirms that the SEC can pursue disgorgement—removing profits obtained through wrongdoing—under its enforcement powers as construed by the Court. The ruling applies to people found to have engaged in securities fraud and centers on how broadly the SEC’s statutory authority should be read when it comes to recouping financial benefits tied to misconduct. Both outlets describe the Court’s action as maintaining a wide scope for the SEC’s ability to recover gains, rather than narrowing the agency’s reach. The reports do not cite dissenting views or provide detailed case facts, but they consistently characterize the outcome as a confirmation that the SEC’s ability to obtain such financial remedies stands under the Court’s interpretation. The decision therefore signals continued availability of disgorgement as a tool in the SEC’s fraud enforcement efforts.