The SEC has extended its stay of proceedings before the agency’s in-house judges for an additional 30 days while it deals with the fallout of a recent U.S. Supreme Court decision.
Proceedings before the Securities and Exchange Commission’s administrative law judges are on hold through August 22, according to a July 20 agency order. The SEC previously stayed all ALJ proceedings after the Supreme Court in June ruled the agency’s in-house judge selection process unconstitutional.
The commission is free to assign existing ALJ cases to itself or to a commission member for a hearing while the stay is in ...