​ The Supreme Court recently heard a case about how the U.S. Securities and Exchange Commission prosecutes those accused of financial wrongdoing. The case has some fearing it will end the agency's ability to pursue bad financial actors, while others say it will finally end the agency’s overreach. A new study from a University of Kansas legal expert analyzes the arguments and prosecutions the agency has made in recent years, arguing it is likely neither — and in fact there is a simple patch to apply for the future.