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Financier Lynn Tilton wants U.S. judge to block SEC fraud case

District Judge Ronnie Abrams in Manhattan to declare the SEC's in-house court system unconstitutional. Lawyers for the U.S. Justice Department defending the SEC countered that the system was proper, and that any challenge Tilton wanted to make would need to wait until after her trial, which is set for Oct. 13. SEC administrative law judges preside over the cases,...
Source: Reuters | By: Nate Raymond