Elon Musk, left, and Mark Cuban. Photos: Sarah Silbiger/Bloomberg/Diego M. Radzinschi/ALM Elon Musk, Mark Cuban Back Supreme Court Challenge to SEC
Entrepreneurs join argument that administrative law judge proceedings that carry fines violate the Seventh Amendment right to a jury trial.
October 18, 2023 at 09:08 PM
3 minute read
Elon Musk and other wealthy entrepreneurs are attacking the legality of administrative proceedings at the U.S. Securities and Exchange Commission.
In a new amicus brief to the Supreme Court, Musk, Dallas Mavericks owner Mark Cuban and others who have wrestled with the securities regulator over the years have come to the aid of a hedge fund manager challenging SEC administrative proceedings in a case before the justices.
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