Supplemental Comments on Federal Power Act Section 203 Blanket Authorizations for Investment Companies (SIFMA AMG)
SIFMA AMG provided comments to the Federal Energy Regulatory Commission replying to certain comments filed in the Notice of Inquiry…
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals
(Second Circuit)
Amicus Issue:
Whether, consistent with Morrison v. Nat’l Australia Bank, a class can be certified of persons who purchased “in domestic transactions” of a security that is offered and traded worldwide and that is not traded on any US domestic exchange, notwithstanding the Rule 23 requirements of ascertainability, predominance, manageability and superiority.
Whether a finding of market efficiency can be made, sufficient to satisfy the fraud-on-the-market theory, in the absence of objective empirical evidence of a cause and effect relationship between events and the price of securities based on a test for determining market efficiency that has never been accepted by any peer-reviewed literature and that does not measure directionality.
Counsel of Record:
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Richard A. Rosen
Walter Rieman
Other Amici:
None.
SIFMA AMG provided comments to the Federal Energy Regulatory Commission replying to certain comments filed in the Notice of Inquiry…
SIFMA and SIFMA AMG provided comments to the Commodity Futures Trading Commission (CFTC) on their request for public comment on…
SIFMA AMG provided comments to the Federal Deposit Insurance Corporation (FDIC) on their consideration of various proposals to revise the…
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