Mealey's ( July 15, 2020, 1:40 PM EDT) -- RICHMOND, Va. — A Fourth Circuit U.S. Court of Appeals panel on July 14 ruled that disgorgement in Securities and Exchange Commission proceedings is not a criminal penalty pursuant to the double jeopardy clause of the U.S. Constitution (United States v. Daryl G. Bank, No. 19-4356, 4th Cir., 2020 U.S. App. LEXIS 21802)....