Press Release | The Committee on Financial Services
Click here if you have trouble viewing this email

June 21, 2018

For Immediate Release | Contacts: Sarah (Rozier) Flaim (202) 226-2467; Keeley Christensen (202) 225-5066

Hensarling Applauds Supreme Court Ruling on SEC Administrative Law Judges 

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today applauding a Supreme Court ruling which found that the Securities and Exchange Commission’s (SEC) use of in-house administrative law judges (ALJs) unconstitutional.

“Today’s ruling is a victory for the rule of law and due process. Chairman Clayton had already started to move the SEC away from the previous Administration’s overreliance on ALJs, and I commend him for this action. Administrative proceedings, when used by the SEC or any agency, must guarantee fundamental fairness for all market participants.”


Facebook Youtube Twitter RSS Feed

  Sent from the Committee on Financial Services
2129 Rayburn House Office Building, Washington, DC 20515 | T (202) 225-7502 | Press (202) 226-0471