fbpx
News
July 15, 2015

U.S. Chamber Urges Overhaul of SEC’s In-House Court System

The U.S. Chamber of Commerce is calling for sweeping changes to the Securities and Exchange Commission’s (SEC) growing reliance upon in-house administrative judges to hear cases usually reserved for federal courts.

The Wall Street Journal reports that the Chamber “recommends sweeping changes to the agency’s in-house court, including restricting its use for certain complicated cases, updating the rules and revising the deadlines. A key proposal is to give defendants charged with serious offenses the right to request a trial by jury in federal court rather than have the case heard by an SEC judge.”

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