Data Security Reforms for Federal Financial Regulators (Joint Trades)
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
(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, 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…
SIFMA provided comments to the U.S. Securities and Exchange Commission (SEC) on recommendations for reforms to the Consolidated Audit Trail…