OTC MARKET NEWS Powered By Quantifi

U.S. SEC beefs up administrative court to meet rising demand 

June 30, 2014
Sarah N. Lynch, Reuters

The U.S. Securities and Exchange Commission is hiring two new administrative law judges and three law clerks as its lawyers turn increasingly to the agency's administrative court as a preferred venue over federal court for filing enforcement actions.

James Grimes, a former litigator in the civil division of the U.S. Justice Department, joined the SEC as a judge on Monday, the agency said.

The SEC also said three new law clerks were joining the agency, and a second judge is expected to join the staff in August.

The three new lawyers are Darien Capron, William Weihao Miller and Jessica Neiterman. The new hires will nearly double the size of the SEC's administrative court, which currently has three full-time judges.

Read More: Reuters

 
 
Comments are closed on this post.

Subscribe

Submit your email to receive our newsletter

GO