Court:
U.S. Court of Appeals
(Second Circuit)

Amicus Issue:
Whether the SEC exceeded its authority in adopting Reg BI instead of establishing a uniform fiduciary standard for broker-dealers and investment advisers as permitted under Dodd-Frank Section 913.  Whether the SEC conducted an adequate cost-benefit analysis in adopting Reg BI.

Counsel of Record:
Wilmer Cutler Pickering Hale and Dorr LLP

Kelly P. Dunbar

Other Amici:
U.S. Chamber of Commerce

American Council of Life Insurers

Financial Services Institute