Daily Archives: September 1, 2015, 5:38 pm

S.E.C.’s In-House Judges Not Too Tough, a Review Shows – The New York Times

Many targets of S.E.C. administrative law enforcement actions have sued on the grounds of equal protection, due process and separation of powers, seeking to require the agency to bring its claims to court, if at all. I find these lawsuits unconvincing. Agencies have almost absolute discretion as to whom and how they prosecute, and it would be surprising if administrative…

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