Financial Services Financial Services

Comment: US high court decision on SEC in-house fraud claims jeopardizes other agencies' enforcement powers

The Supreme Court’s 6-3 decision today to strike down the US Securities and Exchange Commission’s in-house adjudication of civil-penalty claims imperils the enforcement powers at two dozen other agencies that also house these courts.
The SEC must now seek jury trials in federal court to pursue fraud fines, as might

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Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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