Press Release | The Committee on Financial Services
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PRESS RELEASE
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.”


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