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The Supreme Court's conservative justices seemed sympathetic Wednesday to concerns that the SEC's use of in-house judges could violate jury trial rights.
The justices heard arguments over whether the Constitution allows the agency to pursue enforcement actions before its own judges instead of in federal courts.
The history is bogus. The arguments are baseless. Six justices are still gunning for the SEC.
The history is bogus. The arguments are baseless. Six justices are still gunning for the SEC.
(Bloomberg) -- The US Supreme Court’s conservative majority cast doubt on the Securities and Exchange Commission’s use of in-house judges, hearing arguments in a case that could strip the agency of a key enforcement tool.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Saudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowo