Turned away by the Supreme Court in its efforts to recover ill-gotten monies from two hedge fund executives, the Securities and Exchange Commission (SEC) is knocking on the doors of Congress to change the law in its favor. The SEC was restrained from collecting those monies because of a rule that in some cases prevents it from going after fraudsters beyond five years after the offense is committed. Now, it wants that rule overturned. According to experts at Wharton and elsewhere, the SEC may have a strong case because the so-called “five-year statute of limitations” could let powerful and sophisticated fraudsters get away, while trapping smaller racketeers. At the heart of the SEC’s complaint is the so-called Kokesh case, named for Charles Kokesh, an owner of investment advisory firms whom the regulator went after for allegedly defrauding retail investors of some $35 million.…