Supreme Court Rules SEC Staff Picked Administrative Law Judges Were Unconstitutionally Appointed
This guest post was authored by Daniel Baker, a summer associate with Montgomery McCracken. On June 21, 2018, the United States Supreme Court answered a seemingly straightforward question in Lucia v. SEC: whether the SEC’s in-house administrative law judges are “officers,” or “employees.” Distinguishing between the… Read More
Supreme Court Takes on Insider Trading “Personal Benefit” After All
Just when the Supreme Court appeared to be turning its collective attention away from the standard for insider trading convictions by denying the writ for certiorari in United States v. Newman, the Court today granted cert. in Salman v. United States, which addresses the “personal… Read More