In the News Today – May 25, 2017

In the News Today

Some of the pending court cases before the U.S. Securities and Exchange Commission (SEC) have been suspended this week due to the challenges against the SEC’s in-house judges. Earlier this month, a federal appeals court in Denver ruled that the appointment of the SEC’s administrative law judges violates the Constitution. This ruling is at odds with a decision from the U.S. Court of Appeals for the District of Columbia Circuit. “At issue is whether administrative law judges are employees or “inferior officers” who wield significant decision-making authority because of their powers to impose fines and bar people from the financial industry.” (Reuters)