Bloomberg Law Brief: Court Allows SEC to Keep Judges (Audio)

(Bloomberg) -- Peter Henning, a professor at Wayne State University, and Rob Tricchinelli, a legal editor for Bloomberg BNA, discuss a U.S. Appeals Court decision that allows the SEC's in-house judges to impose sanctions even though they are employed by the agency and not constitutionally appointed government officials. The internal court has come under increased scrutiny since the Dodd-Frank act expanded the agency's powers, as some argue that it is problematic for judges to answer directly to an agency. They speak with Bloomberg Law hosts June Grasso and Michael Best on Bloomberg Radio's "Bloomberg Law."