The Goldman Sachs Group v. Sjunde Ap-Fonden
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: What is the legal standard in class certification…
SIFMA as part of a joint trades letter provides comment on the Massachusetts Securities Division’s proposed regulation “to apply a fiduciary conduct standard on brokerdealers, agents, investment advisers, and investment adviser representatives when dealing with their customers and clients.” SIFMA expresses concern the proposal, while well intentioned, will limit both the choices available to consumers and their access to one-on-one assistance.
SIFMA signed with:
Insured Retirement Institute (IRI)
NAIFA Massachusetts
Life Insurance Association of Massachusetts
National Association for Fixed Annuities (NAFA)
Center for Capital Markets Competitiveness, U.S. Chamber of Commerce
American Council of Life Insurers
Institute for Portfolio Alternatives (IPA)
Alternative & Direct Investment Securities Association (ADISA)
Money Management Institute (MMI)
National Association of Insurance and Financial Advisors (NAIFA)
Financial Services Institute (FSI)
See Press Release: SIFMA Comments on Massachusetts Fiduciary Rule Proposal (July 26, 2019)
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: What is the legal standard in class certification…
SIFMA and SIFMA AMG provided comments to the U.S. Securities and Exchange Commission (SEC) requesting that the SEC take necessary steps…
SIFMA AMG, Investment Company Institute (ICI), American Chamber of Commerce in Australia (AmCham Australia), Information Technology Industry Council (ITI), Managed…