CU and CUF file amicus brief in Securities and Exchange Commission, et al. v. Michelle Cochran
It’s Groundhog Day at the SEC. The government thinks you should have to go through two administrative hearings before you see the inside of a courtroom, where your reward for “winning” is a third trip through the SEC. We think that’s wrong. Like passing a bill to see what’s in it, should you have to go through an unconstitutional administrative hearing before you can argue its unconstitutional? We don’t think so.