The Securities and Exchange Commission, in its unceasing battle against illegal insider trading, has moved the fight to a place where the odds are stacked in its favor, by taking cases out of federal courts and bringing them instead as administrative proceedings before in-house administrative law judges.
This development has prompted criticism, including a blistering attack by a prominent federal judge and legal challenges.
via Viewpoint: The SEC Wants Home Court Advantage for Insider Trading Cases | The Recorder
