Supreme Court Says SEC Judges Improperly Appointed

June 21, 2018

Kyle DeYoung comments on the U.S. Supreme Court's recent ruling that internal judges at the Securities and Exchange Commission were improperly appointed.

An excerpt from "Supreme Court Says SEC Judges Improperly Appointed," Financial Times, June 21, 2018.

The court’s ruling leaves uncertainty about cases that are pending and about new cases going forward, said Kyle DeYoung, a partner at Cadwalader who was previously senior counsel to the director of enforcement at the SEC. “I don’t think the SEC gets much comfort that the ratification is definitely sufficient,” he said. “It leaves the SEC with some work to do.”