October 18th, 2023
Advancing American Freedom issued the following statement after filing an amicus brief in SEC v. Jarkesy in which the Supreme Court has an opportunity to check the outsized power of the Securities and Exchange Commission (SEC).
“Today, the SEC, like many other agencies within the administrative state, wields significant legislative, executive, and judicial power under the same roof,” said J. Marc Wheat, AAF General Counsel. “The Framers designed the Constitution to avoid just this sort of combined power because they knew it was a significant threat to individual liberty. Agencies should no longer be allowed to play legislator, investigator, prosecutor, judge, jury, and executioner. We look forward to the Supreme Court reining in the power of the SEC in this case.”
You can read the amicus brief here.
