Halted SEC Case To Spark More In-House Court Challenges
Law360, New York (June 9, 2015, 8:22 PM EDT) -- The U.S. Securities and Exchange Commission may have a quick fix in store for the constitutional crack that’s formed over its in-house court, but patching up the way the agency appoints administrative law judges won’t solve the deeper qualms about its internal tribunal, attorneys say.
Instead, Monday’s surprise partial victory by Charles L. Hill, in which he secured a rare preliminary injunction over the SEC’s pending administrative proceeding against him, likely will embolden others to launch challenges of their own over the constitutionality of the SEC’s court, attorneys said.
That’s because not only did U.S. District Judge Leigh Martin May rule...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!