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3232Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach
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Thu, 06 Jun 2024 20:35:45 +0000https://www.digit.info/2024/06/06/court-strikes-down-secs-private-fund-regulation-citing-overreach/Read more]]>The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that the SEC had overstepped its statutory limits by […]
The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that the SEC had overstepped its statutory limits by […]
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