U.S. Supreme Court To Hear Biden Administration Defense Of Securities And Exchange Commission In-House Adjudications
Portfolio Pulse from Happy Mohamed
The U.S. Supreme Court is set to hear the Biden administration's defense of the Securities and Exchange Commission's (SEC) in-house adjudications. The case could have significant implications for the SEC's enforcement powers.
June 30, 2023 | 4:01 pm
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NEUTRAL IMPACT
The Supreme Court's decision on the SEC's in-house adjudications could impact the broader market, potentially affecting the SPY ETF.
The Supreme Court's decision could potentially change the SEC's enforcement powers, which could have a broad impact on the market. As SPY is a market-wide ETF, it could be affected by these changes, although the exact impact is uncertain at this stage.
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IMPORTANCE 70
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