Daily Archives: January 10, 2017, 3:01 pm

The Defense Bar’s New Toy: Appointments Clause Challenge to SEC ALJs Prevails | Bloomberg BNA

The recent decision by the U.S. Tenth Circuit Court of Appeals in Bandimere v. SEC called the constitutionality of the SEC’s system of in-house tribunals into question. The appellate panel determined that SEC administrative law judges carry out “important functions” and exercise “significant authority pursuant to the laws of the United States,” and are therefore “inferior officers” of the United…

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Lawmaker Asks SEC to Investigate Stock Trades of HHS Nominee Tom Price – WSJ

A veteran legislator who wrote a law to curtail abusive stock-trading in Congress on Tuesday asked securities regulators to open an investigation into President-elect Donald Trump’s nominee to be secretary of Health and Human Services. The request to investigate Rep. Tom Price, a Georgia Republican, comes after The Wall Street Journal reported last month that he made trades worth more than $300,000 in stocks…

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