Headquarters of the U.S. Securities and Exchange Commission in Washington, D.C. Photo: Diego M. Radzinschi/ALM 5th Circ. Ruling Challenges SEC's Dual Roles as 'Prosecutor and Decider'
In a ruling that could potentially upend U.S. Securities and Exchange Commission enforcement proceedings going forward, a federal appeals court ruled May 18 that the SEC's in-house adjudication process is unconstitutional.
May 20, 2022 at 01:31 PM
5 minute read
Securities Litigation
The original version of this story was published on Law.com
In a ruling that could potentially upend U.S. Securities and Exchange Commission enforcement proceedings going forward, a federal appeals court ruled May 18 that the SEC's in-house adjudication process is unconstitutional.
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