Stuart Alderoty (@s_alderoty): Gary Gensler thinks the SEC is a "cop on the beat," created to freely police anything it wants. Today, reversing "Chevron," the Sup Ct made clear that…
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Gary Gensler thinks the SEC is a "cop on the beat," created to freely police anything it wants. Today, reversing "Chevron," the Sup Ct made clear that the opinions of zealous bureaucrats deserve no special deference and their authority is constrained by Congress and Courts.