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Texas Tells 5th Circ. SEC Can't Act As National Conscience

By Madeline Lyskawa (September 6, 2023, 6:51 PM EDT) -- Texas and three other states told the Fifth Circuit that Congress did not make the U.S. Securities and Exchange Commission the "conscience of the nation," and therefore the commission lacks the authority to require fund managers to disclose more information about the votes they cast....

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