SEC hedge fund fee disclosure rule struck down by US court
The U.S. Fifth Circuit Court of Appeals in New Orleans sided with the private funds industry, which argued that the agency overstepped its authority.
Source: financial-planning.com
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Court strikes down SEC's fee disclosure rule for funds
A federal appellate court Wednesday struck down a Securities and Exchange Commission rule intended to provide investors in hedge funds, private equity funds and venture capital firms with more information about fees and expenses.
Source: bostonglobe.com
Fund Associations File Lawsuit Against SEC To Vacate Dealer Rule - Fund Finance
Funds industry associations have launched a lawsuit against the US Securities and Exchange Commission over new rules requiring proprietary...
Source: mondaq.com
Biden's top financial cop faces showdown with Wall Street
The legal actions threaten to undermine the agenda of one of President Joe Biden’s most aggressive regulators.
Source: politico.com
Wall Street's Counterattack on Gary Gensler Strikes at SEC's Foundations
(Bloomberg) -- The fake news, supposedly from the SEC, arrived at precisely 4:11 pm. The real news, from Gary Gensler, came 15 minutes later.Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixBlinken’s Return From Davos Was Delayed After Plane Broke DownTrump Moves to Quash Hopes of Congress Ukraine, Border DealChina’s Biggest Broker Curbs Short Sales After Stock RoutTrump Asks Supreme Court to Keep Him on Colorado BallotThe official X account of the S
Source: yahoo.com