Supreme Court Boosts Efforts to Limit Federal Agency Power.

1 min read
Source: Yahoo Canada Finance
Supreme Court Boosts Efforts to Limit Federal Agency Power.
Photo: Yahoo Canada Finance
TL;DR Summary

The U.S. Supreme Court has issued two rulings that make it easier to challenge the regulatory power of federal agencies. The first ruling allows Axon Enterprise to sue the Federal Trade Commission over the constitutionality of its structure in a bid to counter an antitrust action related to the company's acquisition of a rival. The second ruling allows accountant Michelle Cochran to sue the Securities and Exchange Commission, challenging the legality of its in-house judges. The rulings make it easier for targets of agency enforcement actions to challenge agency structure or processes in federal district court.

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