NCLA Encourages Fifth Circuit to Rein in Renegade SEC’s Unlawful Private Fund Regulation Effort
Verret joined NCLA’s brief in the case, which draws from comments some of them filed during SEC’s rulemaking process.
- Verret joined NCLA’s brief in the case, which draws from comments some of them filed during SEC’s rulemaking process.
- But that Dodd-Frank provision was focused entirely on retail customers and not highly sophisticated private investment funds.
- NCLA joins amici’s call for the Fifth Circuit to scrap this unlawful SEC rule.
- We are confident that, once again, the courts will rein in the SEC and set aside this new rule.”