FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
Court:
Ford v. TD Ameritrade, et al.
U.S. Court of Appeals (Eight Circuit)
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
Brian C. Stuart
Other Amici:
None
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
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