SCOTUS limits SEC use of in-house tribunals for civil penalties (SEC v. Jarkesy)
In a 6-3 decision on June 27, 2024, the Court held the Seventh Amendment requires jury trials when the SEC seeks civil penalties for securities fraud, ending the agency’s use of in-house administrative law judge proceedings for such cases. Chief Justice Roberts’ majority opinion found …
Supreme Court of the United States
Securities and Exchange Commission
Chief Justice John Roberts (majority opinion)
Justice Neil Gorsuch (concurring)
Justice Clarence Thomas (concurring)
+4 more
administrative-law
courts
enforcement
seventh-amendment
jury-trial-rights
+3 more
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