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SEC Faces Uphill Battle In Supreme Court Gabelli Showdown

By Max Stendahl (January 4, 2013, 8:24 PM EST) -- When the U.S. Securities and Exchange Commission presents oral arguments Tuesday in Gabelli v. SEC, the agency's biggest challenge may be to convince the U.S. Supreme Court that it deserves more than five years to seek civil fraud penalties, a dubious proposition among defense attorneys....

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