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US Appeals Court Orders SEC to Bring Enforcement Actions to Jury Trials

The 5th Circuit Court of Appeals found that the targets of SEC enforcement actions had their constitutional rights violated by the use of in-house judges.

SEC Chair Gensler, right, speaks to Senate Banking Committee Chair Sherrod Brown (with mask) and Ranking Member Pat Toomey (Bill Clark-Pool/Getty Images)
SEC Chair Gensler, right, speaks to Senate Banking Committee Chair Sherrod Brown (with mask) and Ranking Member Pat Toomey (Bill Clark-Pool/Getty Images)