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SEC Petitions Supreme Court to Decide Authority of Administrative Law Courts

The Securities and Exchange Commission filed a petition late last week requesting that the Supreme Court review a decision by the Fifth Circuit that...

SCOTUS Appears Sympathetic to SEC Challenges

During more than two hours of oral arguments before the U.S. Supreme Court earlier this week, the majority of justices appeared open to making...

Fifth Circuit Declines Request to Reconsider Constitutionality of SEC In-House Courts

The U.S. Court of Appeals for the Fifth Circuit has declined a request by the U.S. Securities and Exchange Commission to reconsider a panel’s...