Securities Experts React to the High Court's SEC Decision

Holland & Kight Partner Scott Mascianica spoke with Law360 about a recent U.S. Supreme Court decision greenlighting a lawsuit challenging the constitutionality of the U.S. Securities and Exchange Commission's (SEC) in-house proceedings. The ruling in SEC v. Cochran concluded that certified public accountant Michelle Cochran could continue to pursue her constitutional challenges against the agency in federal court, even though she hasn't gone through the traditional appeal process mandated by Congress. Mr. Mascianica spoke about the possible impact this ruling could have on the agency's enforcement division, which oversees SEC litigation.