Just weeks after the U.S. Supreme Court opened the door to more extensive judicial oversight of executive branch agencies' internal courts, the Securities and Exchange Commission (SEC) dropped dozens of those cases—including one that prompted the Court's ruling.
The sudden mass dismissal of 42 cases within the SEC's administrative legal system was the result of what the agency calls a "control deficiency." That's quite the euphemism for what actually happened. In a statement, the SEC admitted that officials within the enforcement division had accessed memos and drafts from within the administrative court system.
