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High Court Urged To Review SEC Judges Alongside FTC Case

A nonprofit civil rights organization wants the U.S. Supreme Court to review a Fifth Circuit
ruling that its client can challenge the constitutionality of the U.S. Securities and Exchange Commission’s administrative legal proceedings, rebutting the agency’s attempts to pause the case until the court opines on a similar lawsuit against the Federal Trade
Commission.

Instead of holding up Michelle Cochran v. SEC et al. until a decision is reached in Axon Enterprise Inc. v. FTC, as the SEC previously requested, the Supreme Court should review Cochran and consolidate the two cases for argument next fall, the New Civil Liberties Alliance told the court in a brief Tuesday…

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March 30, 2022


Originally Published in Law360