#Administrative Proceedings

#Administrative Proceedings

The U.S. Supreme Court's conservative justices questioned the constitutionality of the Securities and Exchange Commission's ability to take enforcement actions outside of the court system during oral arguments.

The case could have significant implications for the power of federal agencies to enforce the law through administrative proceedings.

Conservative judges on the U.S. Court of Appeals for the 5th Circuit previously ruled that Congress unconstitutionally gave the SEC the power to choose where to bring proceedings. [ more ]