Ep.191 – Todd Phillips on the MQD at the SEC

Todd Phillips, assistant professor at Georgia State University’s Robinson College of Business, joins the Business Scholarship Podcast to discuss his article The Major Questions Doctrine's Domain, which he co-authored with Beau Baumann of Yale University. In this article, Phillips and Baumann explain that the Supreme Court’s novel Major-Questions Doctrine does not apply in cases in which executive agencies bring judicial enforcement actions or seek to apply judicial precedent. In making their case, they use challenges to the Securities and Exchange Commission’s crypto enforcement actions as a case study.