Posts tagged Duka.
The SEC's administrative forum has been under increasing scrutiny over the past year. Now the SEC has removed an ALJ from a high-profile case, after he refused the Commission's "invitation" to provide a no-bias affidavit in similar case. In a May 6 article, "SEC Wins With In-House Judges," the Wall Street Journal reported that former ALJ Lillian McEwen felt pressured by the SEC's Chief Administrative Law Judge over her failure to rule more often in the Commission's favor. Respondents appealing an administrative case to the full Commission have alleged the process is unfair and ...
Posted in: SEC
Tags: ALJ, Barbara Duka, burr forman, CMBS, Duka, Lillian McEwen, no-bias affidavit, SEC, SECs Chief Administrative Law Judge, Securities Litigation & Arbitration, Timbervest