U.S. Securities and Exchange Commission building. (Photo: Diego M. Radzinschi/ALM) A Circuit Court's Ruling Was Supposed to Spell Doom for the SEC. But Months Later the Agency Thrives.
Whatever fear the winning plaintiffs in the Fifth Circuit ruling might have hoped to instill in the agency may have been as overblown as its presumed impact on enforcement.
November 22, 2022 at 01:00 PM
6 minute read
Regulation
The original version of this story was published on National Law Journal
It's been about seven months since the U.S. Court of Appeals for the Fifth Circuit delivered its opinion in Jarkesy vs. SEC, which questioned the role of SEC administrative courts, but the doom-and-gloom predictions about institutionalized harm the securities agency would face that followed have not appeared to materialize.
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