In light of this week’s federal appeals court decision upholding the U.S. Securities and Exchange Commission’s use of administrative law judges, companies should get used to more cases being heard in the administrative forum, according to attorneys at Wachtell, Lipton, Rosen & Katz.
Calling Tuesday’s ruling a “significant victory for the SEC,” Wachtell partners Wayne Carlin and David Anders wrote in a recent memo that the agency can advance its own program goals in the administrative forum more directly than it may be able to do in federal court. Carlin is a former regional director of the Northeast regional office of the SEC, and Anders is a former assistant U.S. attorney in Manhattan.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
