Amicus Briefs

Nomura Home Equity Loan v. NCUAB

Summary

SIFMA has submitted an Amicus “Friend of the Court” Brief. 

Court 

U.S. Supreme Court (cert. petition)

Amicus Issue

Whether the “extender provision” in the Federal Credit Union Act, which sets the statute of limitations for contract and tort claims brought by the National Credit Union Admin. Board (“NCUA”), displaces and extends the three-year statute of repose established by Congress in Section 13 of the Securities Act of 1933.

Counsel of Record

Kramer Levin Naftalis & Frankel LLP

Michael J. Dell

Jeffrey W. Davis

Susan Jacquemot

Other Amici 

Financial Services Roundtable

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