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SEC’s Power Checked by Supreme Court | Philadelphia News
The Supreme Court just struck a major blow to the SEC’s power, ruling that its use of administrative law judges to impose financial penalties—like disgorgement—without jury trials violates constitutional rights. This landmark decision, long awaited by businesses and individuals fearing unchecked agency authority, forces the SEC to overhaul its procedures, likely shifting high-stakes cases to federal courts with jury trials. It’s a powerful reminder that even the most powerful agencies must operate within constitutional boundaries. Listen in comfort:Get a discount on a Soli Pillow…
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