SEC Chair Gary Gensler. Photographer: Al Drago/Bloomberg.
Wall Street is poised to win more battles with the U.S. Securities and Exchange Commission (SEC) after the Supreme Court weakened a decades-old legal doctrine that gave federal agencies expansive leeway to interpret the law.
The high court's 6-3 decision may turbocharge challenges to the agency's efforts on everything from crypto to insider trading. The new limits add to a string of court setbacks for Chair Gary Gensler as the SEC moves to implement some of the most comprehensive—and controversial—regulations in decades.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
