Case Name: SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. ALETHEIA RESEARCH MANAGEMENT, Defendant, and Peter J. Eichler, Jr., Defendant-Appellant
Court: United States Court of Appeals for the Ninth Circuit
Jurisdiction: United States
Decision Date: 2017-04-21
Citations: 689 F. App'x 512
Docket Number: No. 15-55887
Parties: SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. ALETHEIA RESEARCH MANAGEMENT, Defendant, and Peter J. Eichler, Jr., Defendant-Appellant.
Judges: Before: GOULD, CLIFTON, and HURWITZ, Circuit Judges.
Reporter: West's Federal Appendix
Volume: 689
Pages: 512–513

Head Matter:
SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. ALETHEIA RESEARCH MANAGEMENT, Defendant, and Peter J. Eichler, Jr., Defendant-Appellant.
No. 15-55887
United States Court of Appeals, Ninth Circuit.
Submitted April 11, 2017
Filed April 21, 2017
John B. Bulgozdy, Esquire, Senior Trial Attorney, Janet E. Moser, Senior Counsel, SEC — Securities and Exchange Commission, Los Angeles, CA, David Lisitza, Senior Litigation Counsel, Benjamin M. Vet-ter, Attorney, Securities & Exchange Commission, Washington, DC, for Plaintiff-Appellee
Peter J. Eichler, Jr., Pro Se
Before: GOULD, CLIFTON, and HURWITZ, Circuit Judges.
The panel unanimously concludes this case is suitable for decision without oral argument. See Fed. R. App. P, 34(a)(2).

Opinion:
MEMORANDUM
Peter J. Eichler, Jr., appeals pro se from the district court's order granting the Securities Exchange Commission's ("SEC") motion for monetary remedies in its civil enforcement action alleging violations of the Investment Advisers Act of 1940 and the Securities and Exchange Act of 1934. We have jurisdiction under 28 U.S.C. § 1291. We review for an abuse of discretion. SEC v. First Pac. Bancorp, 142 F.3d 1186, 1190 (9th Cir. 1998) (disgorgement); Fed. Election Comm'n v. Furgatch, 869 F.2d 1256, 1258 (9th Cir. 1989) (civil penalty). We affirm.
The district court did not abuse its discretion in ordering the disgorgement of $1,655,923 and relying on the Securities and Exchange Commission's expert in setting the disgorgement amount. See SEC v. JT Wallenbrock & Assocs., 440 F.3d 1109, 1113 (9th Cir. 2006) ("[T]he district court has broad equity powers to order the disgorgement of ill-gotten gains obtained through the violation of federal securities laws" and "broad discretion in calculating the amount to be disgorged." (citations and internal quotation marks omitted)).
The district court did not abuse its discretion in setting the civil penalty equal to the disgorgement amount. See 15 U.S.C. § 78u(d)(3)(B) (authorizing civil penalties equal to the amount of pecuniary gains as a result of securities violations); 15 U.S.C. § 80b-9(e)(2) (same).
We do not consider arguments and allegations raised for the first time 'on appeal. See Padgett v. Wright, 587 F.3d 983, 985 n.2 (9th Cir. 2009).
AFFIRMED.
This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3.