June 27, 2024, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement praising the Supreme Court’s ruling in Securities and Exchange Commission (SEC) v. Jarkesy:
“The Jarkesy 6-3 ruling upends one of the administrative state’s central powers, to enforce regulations and fines without any trial or due process, specifically ending SEC’s decades-long practice of levying fines for securities fraud without jury trials. The right to be tried by a jury of your peers is a fundamental American freedom, and for decades, bureaucrats have served as prosecutor, judge and jury for those caught in their regulatory web. George Jarkesy fought back and as a result today, America is a little more free and closer to our constitutional principles.”
For media availability contact Americans for Limited Government at media@limitgov.org.
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