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…
Summary
Court:
U.S. Court of Appeals
(Eight Circuit)
(Rule 23(f) petition)
Amicus Issue:
Whether Fed.R.Civ.P. 23(b)(3)’s predominance and superiority requirements can be satisfied in a class action asserting best execution violations, given that individual, order-by-order inquiries are necessary to determine whether each individual customer actually sustained an economic loss.
Counsel of Record:
Fried, Frank, Harris, Shriver & Jacobson LLP
Michael C. Keats
Justin J. Santolli
Other Amici:
None.
More Submissions
Type:
Cboe Exchange v. SEC
Court: U.S. Court of Appeals (Seventh Circuit) Amicus Issue: Whether the SEC properly denied CBOE’s proposed rule to reclassify order…
Type:
Recommendations on Reforms to the Consolidated Audit Trail
SIFMA provided comments to the U.S. Securities and Exchange Commission (SEC) on recommendations for reforms to the Consolidated Audit Trail…