Supreme Court Rejects S.E.C.’s Administrative Tribunals
Supreme Court Rejects S.E.C.’s Administrative Tribunals
www.nytimes.com Again Curbing Regulatory Agencies, Supreme Court Rejects S.E.C.’s Tribunals
Common in executive agencies, such tribunals hear enforcement actions without juries — a practice the court’s conservative supermajority said violated the Constitution.
In a 6-3 decision, the Supreme Court has ruled that people accused of fraud by the SEC to have the right to a trial by jury rather than solely being decided by internal SEC tribunals.
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