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Rakoff Continues Crusade Against SEC Admin Courts

By Stephanie Russell-Kraft ( November 21, 2014, 1:46 PM EST) -- District Judge Jed S. Rakoff on Friday expanded his criticism of the U.S. Securities and Exchange Commission's increasing use of administrative courts for serious enforcement matters, saying the agency's administrative law judges lack the appearance of neutrality, are susceptible to "tunnel vision" and aren't in the position to develop federal law....

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