Appeals Court Rejects SEC Mutual Fund Rule
The U.S. Court of Appeals for the District of Columbia Circuit ruled that the SEC failed to consider the potential costs to the mutual fund industry before passing the rule. The court gave the SEC 90 days to accept public comments and reconsider the rule.
The U.S. Chamber of Commerce’s National Chamber Litigation...
To view the full article, register now.
Try Law360 FREE for seven days
Already a subscriber? Click here to login