Supreme Court rejects how SEC attacks securities fraud

Such tribunals, common in executive agencies, hear enforcement actions without juries, a practice that challengers said violated the Constitution.

(Kenny Holston | The New York Times) The Supreme Court building in Washington, Feb. 8, 2024. The Supreme Court on June 27, 2024 rejected one of the primary ways the Securities and Exchange Commission enforces laws against securities fraud — the practice of bringing some enforcement actions in internal tribunals rather than in federal courts.

Supreme Court rejects how SEC attacks securities fraud

Such tribunals, common in executive agencies, hear enforcement actions without juries, a practice that challengers said violated the Constitution.

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