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May 23, 2022
On May 18, 2022, the U.S. Court of Appeals for the Fifth Circuit, in Jarkesy v. Securities and Exchange Comm’n, in a case that could have widespread implications for the Department of Health and Human Services, examined the constitutionality of an agency civil money penalty enforcement proceeding.
May 23, 2022
As has been widely reported, the Fifth Circuit Court of Appeals this week addressed the legal status of the administrative courts of the Securities and Exchange Commission. In short, the Court held...
May 23, 2022
In Jarkesy v. Securities and Exchange Commission, the Court of Appeals for the Fifth Circuit issued a remarkable opinion holding numerous aspects of the SEC’s administrative enforcement...
May 23, 2022
The Court of Appeals for the Fifth Circuit issued a remarkable opinion holding numerous aspects of the SEC’s administrative enforcement regime are unconstitutional,ruling stands to eliminate the SEC’s ability to adjudicate enforcement actions seeking penalties using ALJs.
May 22, 2022
By Tierney Sneed The 5th Circuit is at it again.The federal appeals court that has been under fire for its handling of abortion rights, immigration and
May 21, 2022
Many state and federal statutes provide that when property is used in certain prohibited ways, ownership of the property passes to the government. Often, the statutes allow these forfeitures to be declared in civil proceedings against the property itself, without the normal safeguards of the criminal process. Indeed, if no one claims the property after proper notice, the government’s assertion of ownership can become incontestable without any judicial proceedings at all. Statutes authori...
May 21, 2022
The consternation over a court deciding that people do indeed have rights is astonishing.
May 20, 2022
Falling retail profits and lowered forecasts for the year to come helped drive a mega midweek selloff on Wall Street, as “stocks had their worst day yet in a series of already ugly...
May 20, 2022
As has been widely reported, the Fifth Circuit Court of Appeals this week addressed the legal status of the administrative courts of the Securities and Exchange Commission.  In short,...
May 20, 2022
On May 18, 2022, the Fifth Circuit issued an opinion vacating a Securities and Exchange Commission (“SEC”) Administrative Law Judge’s (“ALJ”) decision that George Jarkesy, Jr....