Regulatory Notice 25-04: FINRA Rulebook Modernization
SIFMA provided comments to FINRA in response to Regulatory Notice (RN) 25-04. We welcome this effort to modernize and update…
Court:
U.S. Court of Appeals
(Fourth Circuit)
(Rule 23(f) petition)
Amicus Issue:
Whether class action plaintiffs can satisfy the requirements of Comcast Corp. v. Behrend, 569 US 27 (2013) in a securities fraud case simply by having their expert recite the general legal standard for measuring damages in securities cases (i.e., out-of-pocket damages) and promising to develop later a methodology for applying that general legal standard to the particular facts of the case.
Counsel of Record:
Paul Hastings LLP
Benjamin W. Snyder
Vladimir J. Semendyai
Other Amici:
None.
SIFMA provided comments to FINRA in response to Regulatory Notice (RN) 25-04. We welcome this effort to modernize and update…
SIFMA, The Bank Policy Institute (BPI), the American Bankers Association (ABA), and the Managed Funds Association (MFA) provided comments to…
Court: U.S. Court of Appeals (Seventh Circuit) Amicus Issue: Whether the SEC properly denied CBOE’s proposed rule to reclassify order…