The Managed Funds Association (MFA) published a letter dated January 20, 2025, to Acting Chair Mark T. Uyeda of the US Securities and Exchange Commission, outlining several policy recommendations for the SEC’s consideration.
The MFA urged the SEC to withdraw its appeal of the “Dealer Rule,” which was vacated by the US District Court of…
Corner Post, Inc. v. Board of Governors of the Federal Reserve System, No. 22-1008
Today, the Supreme Court held in a 6-3 decision that the six-year time limit to challenge a federal agency regulation under the Administrative Procedure Act (APA) does not start to run until the plaintiff is injured by the regulation.
In…
Loper Bright Enterprises v. Raimondo, No. 22-451; Relentless, Inc. v. Department of Commerce, No. 22-1219
Today, the Supreme Court issued a 6-3 decision overruling Chevron, the decision holding that federal courts should defer to an administrative agency’s reasonable interpretation of an ambiguous statute that the agency administers. Going forward, courts are required…
