The S.E.C.’s Use of the ‘Rocket Docket’ Is Challenged

The New York Times reports:

There is a nickname litigators use for courts that push cases through the system with great alacrity: the “rocket docket.” Perhaps the most famous is the United States District Court for the Eastern District of Virginia, where complex civil cases will wrap up discovery in a few months and be decided in less than a year.

Another rocket docket can be found in the administrative proceedings before the Securities and Exchange Commission, whose rules provide that even the most complex case is supposed to be decided within 300 days of its filing. That means there is very little time to prepare for the hearing, which must start within four months after a case is filed.

An article worth your time.