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SEC Extends In-House Judge Stay Through Late August

July 20, 2018, 2:58 PM

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 ...