After the Department of Justice (DOJ) changed its stance in Lucia v. SEC, a case which looked into the Securities and Exchange Commission’s procedure for appointing administrative law judges, the Supreme Court on Friday granted petitions for writs of certiorari.
At issue will be the question, “Whether administrative law judges of the Securities and Exchange Commission are Officers of the United States within the meaning of the Appointments Clause.”
Read on for more about the DOJ’s change of heart and how the potential implications of a ruling could affect the Consumer Financial Protection Bureau.
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