U.S. Supreme Court,
Constitutional Law,
Administrative/Regulatory
Jun. 28, 2024
Supreme Court ruling likely to curtail agencies' use of in-house trials
The ruling affirms a 5th U.S. Circuit Court of Appeals panel decision that the SEC's adjudication of a case by an in-house judge was in violation of the Seventh Amendment right to a jury trial.
In another blow to the power of administrative agencies, the U.S. Supreme Court ruled Thursday that the U.S. Securities and Exchange Commission violated a hedge fund manager's constitutional rights by trying his civil case in house. The ruling struck down a key provision of the Dodd-Frank Act.
Chief Justice John G. Roberts Jr., an appointee of President George W. Bush, wrote that the "public rights" exception that allows government agencies to avoid trial courts does...
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