United States:
Trump, Congress Should Break Up SEC's In-House Courts
10 January 2017
WilmerHale
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The late Justice Antonin Scalia, in a 2013 interview with New
York Magazine, said that "[a] lot of stuff that's stupid
is not unconstitutional."
Stupid may be too strong a word to describe the Dodd-Frank
Act's expansion of the SEC's ability to use its in-house
courts to obtain multi-million-dollar judgments. But, that
expansion was a very bad idea, regardless of whether it is
constitutional.
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Originally published by The Hill.
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