SEC's Use of In-House Judges Cast in Doubt by Supreme Court
In a session that lasted more than two hours, the justices suggested people accused of fraud by the SEC have a right to go before a federal court jury.
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In a session that lasted more than two hours, the justices suggested people accused of fraud by the SEC have a right to go before a federal court jury.
The appeal from George Jarkesy has the potential to spill over and weaken the government's ability to enforce workplace and environmental regulations.
The Supreme Court heard oral arguments Wednesday in a case that questions whether Congress has the right to empower federal agencies to utilize administrative law judges.
The Supreme Court's conservative justices seemed highly skeptical of how the Securities and Exchange Commission conducts in-house enforcement proceedings to ensure the integrity of securities markets.
The Supreme Court's conservative justices seemed highly skeptical of how the Securities and Exchange Commission conducts in-house enforcement proceedings to ensure the integrity of securities markets.