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But I guess I have to mention that yesterday the U.S. Supreme Court ruled that the SEC’s ALJs are unconstitutional.
Matt Levine’s Money Stuff: Financial Regulation Is Illegal
published Jun 22, 2018 9:55:45 AM, by Matt Levine (Bloomberg Opinion) — Everything is unconstitutional. The Securities and Exchange Commission brings a lot of enforcement actions against a lot of people in its own internal courts. Employees of the SEC’s enforcement division decide to bring a case, and then they