AFTRA Retirement Fund v. JPMorgan Chase Bank
Published on:
March 3, 2011
Issue:
SIFMA submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. District Court
(S.D.N.Y.)
Amicus Brief Issue:
Whether, by engaging in repo financing with Sigma while holding Sigma notes in plaintiffs’ accounts, the firm created a conflict with the interests of its securities lending clients and thereby violated a duty of loyalty owed to those clients under ERISA and the common law.
Counsel of Record:
Cadwalader, Wickersham & Taft LLP
Martin L. Seidel
Nathan Bull
Other Amici on SIFMA’s Brief:
None.