Former SEC Counsel Files Amicus Brief To High Court Regarding Removal Abilities

(August 10, 2023, 10:29 AM EDT) -- WASHINGTON, D.C. — Andrew Vollmer, former deputy general counsel for the U.S. Securities and Exchange Commission and current research scholar, filed an amicus curiae brief with the U.S. Supreme Court in support of neither party in a securities fraud case involving a hedge fund manager, arguing that the Fifth U.S. Circuit Court of Appeals erred when it suggested that SEC commissioners do not serve at the pleasure of the president....