The SEC and Judges

The SEC doesn’t like it when the ones it charges with miscreancy object to the cases being heard solely by SEC administrative judges. One statement in particular in the WSJ article at the link, though, jumped out at me.

The SEC accused several defendants of “judge shopping” by trying to get a case heard in a particular court and in another instance asked one of its own judges to submit a formal statement about whether he has ever felt pressure to favor the agency.

Never mind that the SEC is demanding that defendants use the SEC’s own already shopped-for judges. Never mind, either, the SEC’s cynicism in trotting out one of its employees to speak favorably about that employee’s employer.

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