According to Fox Business reporter Eleanor Terrett on the X platform, the U.S. Supreme Court just ruled by a vote of 6 to 3 that when U.S. SEC seek penalties for fraud, defendants have the right to a jury trial in federal court instead of accepting the agency's "in-house" legal proceedings.
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Market News: The US Supreme Court ruled that the SEC cannot impose penalties through its 'internal' legal proceedings
According to Fox Business reporter Eleanor Terrett on the X platform, the U.S. Supreme Court just ruled by a vote of 6 to 3 that when U.S. SEC seek penalties for fraud, defendants have the right to a jury trial in federal court instead of accepting the agency's "in-house" legal proceedings.