( February 27, 2026, 1:34 PM EST) -- WASHINGTON, D.C. — The Securities and Exchange Commission urged the U.S. Supreme Court not to grant a petition for certiorari filed by an individual subject to a civil action by the SEC asking the court to determine whether federal securities laws allow the SEC and a district court to use the commission’s general equitable authority to order a receivership, arguing that the district court didn’t abuse its discretion in establishing the receivership in the case and that the scope of the receivership doesn’t violate the Sixth Amendment....