SEC s Use of In-House Judges Cast in Doubt by Supreme Court bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The Supreme Court’s conservatives expressed concerns during oral arguments Wednesday about the Securities and Exchange Commission’s (SEC) abilities to use in-house judges in seeking civil penalties for fraud. One of several attacks being waged by conservative and business interests against the executive branch, the case could claw back the SEC’s and other agencies’ powers to…
Supreme Court justices appeared skeptical of the Securities and Exchange Commission's powers to conduct in-house adjudications without juries in a case that could disrupt the administrative state.