Justices:  District Courts Can Hear Claims Seeking To Halt SEC, FTC Actions

Mealey's ( April 14, 2023, 12:59 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court today ruled that federal district courts have jurisdiction to hear claims brought by individuals and entities seeking to halt administrative proceedings brought by the Securities and Exchange Commission and the Federal Trade Commission, respectively, and to resolve constitutional challenges brought regarding the structure of both the SEC and FTC because “[t]he ordinary statutory review scheme does not preclude a district court from entertaining these extraordinary claims.”...