Supreme Court Curbs SEC's Use Of In-House Judges In Fraud Cases, Backs Right To Jury Trial For Some SEC Defendants
Portfolio Pulse from Benzinga Newsdesk
The Supreme Court has limited the SEC's use of in-house judges in fraud cases, supporting the right to a jury trial for some SEC defendants. This decision could impact the SEC's enforcement capabilities and the broader regulatory environment.
June 27, 2024 | 2:11 pm
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The Supreme Court's decision to limit the SEC's use of in-house judges in fraud cases and support the right to a jury trial for some defendants could affect the regulatory environment, potentially impacting the broader market.
The decision could lead to changes in how the SEC enforces regulations, which might affect investor sentiment and market stability. However, the direct impact on SPY is uncertain and likely to be neutral in the short term.
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