In the Margins

How will Supreme Court judge review impact SEC enforcement actions?

January 17, 2018

By InvestmentNews

A Supreme Court case on the Securities and Exchange Commission's use of internal judges could put into limbo more than 100 pending enforcement actions but may not end the agency's ability to adjudicate such matters on its home court. Circuit courts have split on whether SEC judges are officers or employees. If the Supreme Court rules that the current SEC ALJ's were unconstitutionally hired, the cases in the SEC pipeline would be put in limbo. Read the original story from InvestmentNews.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...