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Rakoff Blasts SEC's Growing Reliance On In-House Court

By Ed Beeson (November 5, 2014, 1:10 PM EST) -- U.S. District Court Judge Jed S. Rakoff on Wednesday criticized the U.S. Securities and Exchange Commission's expansive use of its own in-house court to bring enforcement actions and warned that by sidestepping federal courts, the agency could end up stunting the development of the law....

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