Mastodawn

SCOTUS invalidated the SEC’s use of in-house #legal proceedings to #discipline those it believes have committed #fraud — a blow to the #FederalAgency in one of several cases this term challenging the #power of the #ExecutiveBranch.
 The court said the SEC’s internal tribunals (not fed courts) to bring #enforcement actions in #securities fraud cases violates the Constitution. The decision has implications for #RegulatoryAgencies.

#law
https://wapo.st/4cpnasQ

In conservative win, Supreme Court limits use of SEC in-house tribunals

The court said the Securities and Exchange Commission wrongly relies on internal tribunals, not federal courts, to bring enforcement actions in fraud cases.

The Washington Post