2024 Section 987 Regulations
SIFMA provided additional comments to the U.S. Department of the Treasury (DOT) on the 2024 Final Regulations and 2024 Proposed…
Court:
U.S. Supreme Court
(petition for writ of cert.)
Amicus Issue:
Whether the court violated Halliburton II, misapplied the burden of proof, and erred by relieving plaintiffs in the Second Circuit of any burden of showing that there was a price impact of news on the defendant’s stock price. Whether a class may be certified in the absence of proof that an administratively feasible means exists by which the putative class member (and the court and defendants) can determine whether he or she is a member of the class.
Counsel of Record:
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Richard A. Rosen
Charles E. Davidow
Other Amici:
None
SIFMA provided additional comments to the U.S. Department of the Treasury (DOT) on the 2024 Final Regulations and 2024 Proposed…
SIFMA, Alliance for Digital Innovation, American Bankers Association (ABA), American Public Power Association, Bank Policy Institute (BPI), Business Roundtable, Business…
Court: U.S. Supreme Court Amicus Issue: Whether Section 47(b) of the Investment Company Act of 1940 provides for a private…