Search for: "Board of Trade of the City of Chicago, Petitioner, v. Securities and Exchange Commission, Respondent"
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10 May 2009, 5:53 pm
Issue: Whether the Sarbanes-Oxley Act is consistent with separation-of-powers principles - as the Public Company Accounting Oversight Board is overseen by the Securities and Exchange Commission, which is in turn overseen by the President - or contrary to the Appointments Clause of the Constitution, as the PCAOB members are appointed by the SEC. [read post]