Securities_and_Exchange_Commission_v._Chenery_Corporation_(1943)
SEC v. Chenery Corp. (1943)
1943 United States Supreme Court case
Securities and Exchange Commission v. Chenery Corporation, 318 U.S. 80 (1943), is a United States Supreme Court case. It is often referred to as Chenery I, as four years later the case was before the Supreme Court a second time in Chenery II. Chenery I set out what is known as the Chenery Doctrine, a basic principle of U.S. administrative law that an agency may not defend an administrative decision on new grounds not set forth by the agency in its original decision.