Supreme Court conservatives appear to be strongly skeptical of the US Securities and Exchange Commission’s (SEC) decision to allow the agency to hear certain cases in its own in-house tribunals. During oral arguments, Justice Clarence Thomas remarked that the current approach appears to “overstep the limits of the SEC’s authority.” Justice Samuel Alito expressed doubt about the “due process protections” that the process provides for those accused of violating the law. Justice Neil Gorsuch concurred, saying that the issue might be better resolved by Congress than the courts. The court is expected to issue its ruling in the case in the coming months.
Supreme Court conservatives seem dubious about SEC’s in-house tribunals
