The petition of the day is:

Gabelli v. Securities and Exchange Commission (Granted )

Docket: 11-1274
Issue(s): Whether for purposes of applying the five-year limitations period under 28 U.S.C. § 2462 -- which provides that “except as otherwise provided by Act of Congress” any penalty action brought by the government must be “commenced within five years from the date when the claims first accrued” -- the government’s claim first accrues when the government can first bring an action for a penalty, where Congress has not enacted a separate controlling provision.

Certiorari stage documents:

Posted in Gabelli v. Securities and Exchange Commission, Cases in the Pipeline

Recommended Citation: Matthew Bush, Petition of the day, SCOTUSblog (Jun. 12, 2012, 11:16 PM),