SEC Judge Fight Belongs In Federal Courts, 4th Circ. Hears

Law360, New York (February 12, 2016, 9:27 PM EST) -- A financial adviser facing $15 million in potential fines and disgorgement for alleged securities fraud told the Fourth Circuit on Friday that a Maryland federal judge was wrong to toss her suit challenging the constitutionality of the U.S. Securities and Exchange Commission's in-house court.

Dawn Bennett argued that U.S. District Judge Paul W. Grimm misapplied Supreme Court precedent in ruling he has no jurisdiction over her claim against the agency's administrative law judges before the SEC proceeding against her is finished. The SEC claims she and...
To view the full article, register now.




Case Information

Case Title

Dawn J. Bennett v. U.S. Securities and Exchange

Case Number



Appellate - 4th Circuit

Nature of Suit

2440 Other Civil Rights

Date Filed

December 28, 2015

Law Firms

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.