High Court Asked To Deny Review Of In-House Judge Constitutionality Challenge

Mealey's (December 9, 2020, 2:17 PM EST) -- WASHINGTON, D.C. — U.S. Supreme Court review of an 11th Circuit U.S. Court of Appeals’ ruling upholding a federal district court’s dismissal of an investment adviser’s lawsuit against the Securities and Exchange Commission and others challenging the constitutionality of the SEC’s in-house enforcement proceedings is not warranted because the high court has twice denied relief similar to that sought by the investment adviser, the SEC argues in a Dec. 4 opposition brief filed in the Supreme Court (Christopher M. Gibson v. Securities and Exchange Commission, et al., No. 20-276, U.S. Sup.)....