Forest Capital v. BlackRock

Published on:
September 21, 2015

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

Court:

U.S. Court of Appeals

(Fourth Circuit)

Amicus Issue:

Whether investment companies that hold money market fund accounts used as collateral should have duties and liability under UCC Section 9-406 to third parties that may also have a claim to those investments.

Counsel of Record:

Cleary Gottlieb Steen & Hamilton LLP

Lewis J. Liman

Sandra M. Rocks

Abena A. Mainoo

Other Amici:

None.

Details

Download

More Content

  • Letters
    Oct 22, 2026

    Treasury/IRS Notice 2026-49: Guidance on Section 324 of the SECURE 2.0 Act with Respect to Rollovers

    SIFMA supports modernizing retirement plan rollovers through standardized electronic processes, fraud safeguards and appropriate implementation timelines.
  • Amicus Briefs
    Oct 21, 2026

    In re USD LIBOR Litigation

  • Letters
    Oct 20, 2026

    SEC’s Proposed Rule Regulation Crypto Assets

    SIFMA and SIFMA AMG provide recommendations to the SEC on its proposed crypto asset regulation, addressing regulatory clarity, implementation and investor protection.

Get the latest trends, stats, and research on financial markets and securities.