From the article: yes, you do. Compare the SEC's actions to a simple traffic ticket: a police officer gives you a ticket with a pre-set fine. This is like an SEC officer giving you a fine for some infraction. You can argue it out for a bit if you like, just like you can argue a ticket with the desk Sargeant (not that people do that). Age you do that, you can take it to court.
The only difference is that the experts at the SEC that you have to go through are called "administrative judges". It's kind of like a cop being called an "officer" even though they aren't like an armed forces officer at all.
The only difference is that the experts at the SEC that you have to go through are called "administrative judges". It's kind of like a cop being called an "officer" even though they aren't like an armed forces officer at all.