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Re: GetSeriousOK post# 291369

Sunday, 05/22/2022 8:34:57 PM

Sunday, May 22, 2022 8:34:57 PM

Post# of 331191
I Get It......

It does not matter what the Constitution and Congressional Laws say the SEC should be free to do whatever they want to bring their Own Personal Version of Justice Down like a Hammer on Whoever they Feel Deserves it.

And here I mistakenly thought the US Constitution and Laws were the basis of our republic.

Rule of Law - By having a strong rule of law, governments give business and society the stability of knowing that all rights are respected and protected. A strong rule of law includes: Clearly written and easily accessible laws that create certainty and enforceability of legal rights.

Rule of Law - The rule of law is the vehicle for the promotion and protection of the common normative framework. It provides a structure through which the exercise of power is subjected to agreed rules, guaranteeing the protection of all human rights.

Rule of Law - It affects everything about where people work and how they live. By having a strong rule of law, governments give business and society the stability of knowing that all rights are respected and protected. A strong rule of law includes:

Clearly written and easily accessible laws that create certainty and enforceability of legal rights

An independent and impartial judiciary that promotes fairness and ensures transparent, timely and predictable resolution of disputes.


Ruh Roh, 5/20/2022, the SEC got another Ruling on their illegal system.(courtesy of a vigilant poster on another Board)

Ruling on SEC judges could have broad impact

(Reuters) - A ruling finding that the U.S. Securities and Exchange Commission's in-house courts violate the constitution raised thorny issues of administrative law. If upheld, the decision could drastically change how numerous U.S. government agencies work, legal experts told Reuters.

WHAT DID THE COURT RULE?
The 5th U.S. Circuit Court of Appeals' 2-1 decision on Wednesday in Jarkesy v. SEC said that defendants facing penalties for allegations of fraud have a right to a jury trial under the U.S. constitution.


Law firms
Bass, Berry & Sims PLC

(Reuters) - A ruling finding that the U.S. Securities and Exchange Commission's in-house courts violate the constitution raised thorny issues of administrative law. If upheld, the decision could drastically change how numerous U.S. government agencies work, legal experts told Reuters.

The ruling reversed an SEC decision upholding findings by its in-house judge that hedge fund manager George Jarkesy Jr and investment adviser Patriot28 LLC committed fraud and should pay a $300,000 penalty.

In the ruling Wednesday, the majority classified the SEC's claims as seeking to enforce private rights, which meant the defendants were entitled to a jury trial.

https://www.reuters.com/legal/government/ruling-sec-judges-could-have-broad-impact-2022-05-20/#:~:text=The%20ruling%20reversed%20an%20SEC,should%20pay%20a%20%24300%2C000%20penalty.