Yesterday a financial advisor named Dawn Bennett, who is the respondent in an SEC administrative proceeding, announced that she is employing a new tactic to challenge the SEC’s controversial in-house court.
Bennett stated that while she waits for the Fourth Circuit to decide her pending claim that the AP against her is unconstitutional, she has “affirmatively declined on principle to attend or participate in the Securities and Exchange Commission’s unconstitutional administrative proceeding against her and Bennett Group Financial Services, LLC.” She added that while she knows this tactic has never been attempted before, “sometimes you have to stand up for what you believe in, even if there are personal consequences. I believe in the Constitution, so I won’t attend their kangaroo court.”
