Phillips & Baumann on the Major Questions Doctrine & the SEC

Ipse Dixit

In this episode, Todd Phillips, Assistant Professor at the Georgia State University J. Mack Robinson College of Business, and Beau J. Baumann, a Ph.D. student at Yale Law School, discuss their article "The Major Questions Doctrine's Domain," which will be published in the Brooklyn Law Review. Phillips and Baumann begin by explaining what the major questions doctrine is, how it works, and why it's important. They describe how litigants are challenging SEC enforcement actions against crypto token using MQD-based challenges. And they explain why the MQD shouldn't apply to agency enforcement actions based on judicial interpretations of the scope of agency power, only an agency's own interpretation of its power in the context of legislative rulemaking. Baumann is on Twitter at @beau_baumann and Phillips is on Twitter at @tphillips.

This episode was hosted by Brian L. Frye, Spears-Gilbert Professor of Law at the University of Kentucky College of Law. Frye is on Twitter at @brianlfrye.

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