( February 24, 2026, 1:43 PM EST) -- WASHINGTON, D.C. — In a brief filed Feb. 23, an individual urges the U.S. Supreme Court to find that the Securities and Exchange Commission may not seek disgorgement under Sections 21(d)(5) and (d)(7) of the Securities Exchange Act of 1934 without showing that investors suffered pecuniary harm and that the SEC cannot instead use disgorgement as a penalty or deterrent....