Full 5th Circuit To Hear Appeal Of Constitutional Challenge To SEC Action

Mealey's (November 2, 2020, 2:30 PM EST) -- NEW ORLEANS — Without providing further detail, the Fifth Circuit U.S. Court of Appeals on Oct. 30 granted en banc review of a split panel ruling that held that parties to Securities and Exchange Commission enforcement proceedings may not challenge such actions in federal court until the agency proceedings have concluded (Michelle Cochran v. Securities and Exchange Commission, et al., No. 19-10396, 5th Cir., 2020 U.S. App. LEXIS 25525)....