The Supreme Court ruled Thursday that the Securities and Exchange Commission can't rely on in-house courts to resolve certain enforcement disputes, a decision that could deliver a blow to a critical power of corporate watchdogs across the federal government. In a 6-3 decision along ideological lines, the justices backed a challenge to the constitutionality of the SEC's internal tribunals — a resounding win for conservatives who have argued for years that federal regulators wield too much authority with too little oversight. Read the latest
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