Regulatory Notice 25-04: Rule Modernization
SIFMA provided comments to FINRA in response to Regulatory Notice (RN) 25-04. We welcome this effort to modernize and update…
Summary
Court:
U.S. Court of Appeals (Fifth Circuit)
Amicus Issue:
Whether the SEC’s private funds adviser rule: (i) exceeds the SEC’s regulatory authority under the Investment Adviser Act; and/or (ii) violates the Administrative Procedure Act as arbitrary and capricious because the SEC ignored important issues and reliance interests, and its explanation for the rule runs counter to the evidence.
Counsel of Record:
Mayer Brown LLP
Nicole A. Saharsky
Carmen N. Longoria-Green
Avi M. Kupfer
Other Amici:
None.
More Submissions
Type:
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…
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…