In the United States Court of Appeals FOR THE SECOND CIRCUIT

AUGUST TERM 2022 No. 22-1658

SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee,

v.

ARON GOVIL, Defendant-Appellant.

On Appeal from the United States District Court for the Southern District of New York

ARGUED: JUNE 5, 2023 DECIDED: OCTOBER 31, 2023

Before: CHIN and MENASHI, Circuit Judges, and KOMITEE, Judge. *

Defendant-Appellant Aron Govil engaged in several fraudulent securities offerings through his company, Cemtrex. Pursuant to a settlement agreement with Cemtrex, Govil agreed to

*Judge Eric R. Komitee of the United States District Court for the Eastern District of New York, sitting by designation. pay back the proceeds of his fraud in part by surrendering his Cemtrex securities to the company. The district court later grante