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Securities and Exchange Commission

Elena Kagan

Supreme Court Rules that SEC Judges are Unconstitutional

The Supreme Court ruled 7-2 that administrative law judges at federal agencies are “officers of the United States” who must be appointed by department heads, and that the judges at the SEC violate the Constitution’s Appointments Clause because those ALJs are appointed by staff employees.

Texas AG Ken Paxton Official Photo

Judge Dismisses SEC Case Against Texas AG with Prejudice

A federal district judge nominated by President Obama has dismissed the U.S. Securities and Exchange Commission’s entire civil securities fraud case against Texas Attorney General Ken Paxton. The judge dismissed the case with prejudice.

Texas AG Ken Paxton Official Photo

Federal Judge Questions SEC Case Against Texas AG Paxton

A federal judge hearing the case from the Securities and Exchange Commission (SEC) against Texas Attorney General Ken Paxton said he wonders if the prosecution is trying to fit a “square peg in a round hole.”

walmart-guns-ap

Trinity Church Asking Supreme Court to Intervene on Walmart Gun Sales

On April 14 Breitbart News reported that Walmart won an appeal against NYC’s Trinity Church in which Trinity was trying to force Walmart to allow a shareholder vote on the sales of “high capacity guns” and “other potentially offensive products” as a way to force Wal-Mart’s board to rethink the sales of these items.