I wonder if the lack of immediate revocation proceedings is due to a policy decision, or if it is related to the Commission Order to delay all ALJ actions in relation to the 10th Circuit ruling. The Commissioner issued an order on November 30th which pushed back all cases in front of SEC ALJs.
We won't see any new initial ALJ decisions until at least January 8th. But the good news is that it seems the Commission has solved the issues created by that 10th Circuit ruling and the authority of the ALJs to preside over such matters will continue.
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