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Defending The SEC’s Choice Of The Administrative Home Court

Wharton Associate Professor David Zaring has written an article defending the Securities and Exchange Commission’s choice to litigate in administrative rather than federal courts.  He argues that administrative adjudication “violates no rights, nor offends the separation of powers”.  Yet, he acknowledges: Lawyers often worry about administrative proceedings. “If given a choice … most practitioners would choose” district court “because…

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CalPERS Responds

Earlier this week, I wrote about the many scandals that have been swirling about the California Public Employees Retirement System.  A good sign that an organization is feeling embattled is when it sets up a website dedicated to providing responses.  Two years ago, CalPERS did just that when it created its “CalPERS Responds” website and included…

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