(July 12, 2023, 3:03 PM EDT) -- WASHINGTON, D.C. — Three municipal bond traders found to be unregistered brokers and assessed penalties they say “vastly exceed the ostensible statutory caps set by Congress” filed a petition for a writ of certiorari asking the Supreme Court justices to rule on the statutory penalty caps, the proper test for determining who are securities brokers and whether they were improperly deprived of a jury trial....