The battle over the constitutionality of the SEC's administrative forum now moves to the U.S. Eleventh Circuit. The appellate court issued an order Wednesday, denying the SEC's bid to upset the trial court's preliminary injunction and allow the administrative trial to go forward. Moreover, the Court consolidated two cases on the issue for expedited merits disposition, including oral argument (if held). See Gray Financial Group, Inc. v. US Securities and Exchange Comm'n, No. 15-13738-F (11th Cir. Oct. 7, 2015); Hill v. Securities and Exchange Comm'n, No. 15-12831 (11th Cir.). In ...
Posts tagged SEC administrative forum.
Posted in: Eleventh Circuit Court of Appeals, SEC
Tags: 11th Circuit, administrative forum, burr forman, Gray Financial Group v. US SEC, Jarkesy v. SEC, SEC administrative forum, Securities and Exchange Commission, securities litigation, Securities Litigation & Arbitration