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Assessing Lucia's Impact Beyond The SEC

Law360 (July 11, 2018, 3:41 PM EDT) -- On June 21, 2018 the U.S. Supreme Court ruled in Lucia et al. v. U.S. Securities and Exchange Commission[1] that the appointment of certain administrative law judges, or ALJs, was unconstitutional, and that those with matters currently before or recently heard by improperly appointed ALJs can have their cases reheard by a new judge. Given the large number of cases heard by ALJs across the federal government, the Supreme Court’s decision may offer a great number of parties an opportunity to have their cases reheard, and...
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