The Supreme Court has agreed to review the constitutionality of the Securities and Exchange Commission’s (SEC) system of adjudicating enforcement actions with tenure-protected administrative law judges employed by the prosecuting agency.
The high court agreed on May 16 to hear the case, SEC v. Cochran, court file 21-1239, in an unsigned order. The justices, as is their practice, didn’t explain why they granted the petition for certiorari, or review.
