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FILE - In this June 20, 2019 file photo, the Supreme Court is seen under stormy skies in Washington. (AP Photo/J. Scott Applewhite)

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Justices likely to preserve SEC power to recoup fraud money
March 3, 2020 1:56 p.m.

Justices likely to preserve SEC power to recoup fraud money

WASHINGTON (AP) — The Supreme Court seemed prepared Tuesday to preserve an important tool that federal securities regulators used last year to recoup $3.2 billion in ill-gotten gains in fraud cases.