Amici Support SEC In Bid To Reverse 5th Circuit Ruling Before High Court

(September 14, 2023, 1:31 PM EDT) -- WASHINGTON, D.C. — A group of administrative law scholars filed one of eight amicus curiae briefs in the same week before the U.S. Supreme Court in support of reversing a circuit court’s decision against the Securities and Exchange Commission in its fraud case involving a hedge fund manager, echoing the commission’s arguments that SEC administrative law judges (ALJs) are constitutionally protected from at-will removal....