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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.
The Court seeks a middle path between following the law and blowing up the government.
While such a ruling could radically alter agencies' regulatory authorities, Chief Justice John Roberts said the government's argument "undermines the wh...
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