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Eleventh Circuit backs SEC role as first step for ALJ appeals

( June 17, 2016, 22:32 GMT | Official Statement) -- MLex Summary: The US Eleventh Circuit Court of Appeals has ruled for the Securities and Exchange Commission and vacated two decisions of the US District Court for Northern Georgia that would have allowed investors to contest the constitutionality of appointing SEC administrative law judges before concluding the administrative law proceeding before the agency.Please see attached opinion, 11th Circuit Hill, Gray et al v. SEC No. 15-12831....

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