fbpx
News
June 22, 2015

SEC Defends Use of In-House Courts

The Securities and Exchange Commission (SEC) is defending itself against at least seven cases brought by defendants challenging the agency’s growing use of administrative-law judges.

Passage of the Dodd-Frank financial reform law gave the SEC more latitude to rely upon in-house proceedings, which the agency says is a more timely and efficacious way to hear cases.

Critics say the system unconstitutionally denies defendants protections afforded in federal courts and is biased toward the SEC.

Read the full story here.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings