On April 23, the US Supreme Court is scheduled to hear arguments about whether the Securities and Exchange Commission’s cadre of in-house judges exists in violation of the constitution.
Rather than deliberate on some esoteric administrative foible with little consequence, America’s highest court is about to decide an issue that could dramatically change how justice is dealt with in many areas of society — including how the SEC passes judgment on financial advisers accused of swindling or misleading clients.
via SEC fine of radio presenter puts watchdog on the line.
