Government
Aug. 22, 2014
SEC administrative power raising constitutional questions
The U.S. Securities and Exchange Commission is in the process of beefing up its administrative law judge program, but questions are being raised over the constitutionality of the program.
Daily Journal Staff Writer
The U.S. Securities and Exchange Commission is in the process of beefing up its administrative law judge program, but some are raising questions over the constitutionality of the program and the adjudication of the agency's enforcement actions.
Attorneys who deal with the SEC as well as academics and at least one judge are questioning whether the administrative power wielded by the agency and the ...
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