We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ceresney Rebuts Rakoff's Critique Of SEC Admin. Actions

Law360, New York (November 7, 2014, 3:30 PM EST) -- The U.S. Securities and Exchange Commission's enforcement director fired back Friday at U.S. District Court Judge Jed S. Rakoff's criticism of the agency's expansive use of its in-house court to bring enforcement actions, saying the administrative proceedings are fair and do not violate due process rights.

During a panel session at a Practicing Law Institute event, Andrew Ceresney addressed head-on the comments the judge made during Wednesday’s kickoff session, in which he said that by sidestepping federal courts the agency could end up stunting the development of the law. Judge Rakoff, a frequent critic of the SEC’s legal process, also chastised...

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!

TRY LAW360 FREE FOR SEVEN DAYS

map

Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

Related

Sections

Government Agencies