Which of the following demonstrates the timeline of decision makers from the initial SEC hearing to the final appeal?

Question

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SEC hearings are held before an administrative law judge (ALJ),who is an employee of the SEC.The administrative law judge is a finder of both fact and law.Decisions of the ALJ are reviewed by the commissioners of the SEC.Decisions of the commissioners are appealed to the U.S.Court of Appeals.

Which of the Following Demonstrates the Timeline of Decision Makers