U.S. Securities and Exchange Commission seal in Washington. (Photo: Diego M. Radzinschi/ALM) SEC's Pursuit of Private Fund Adviser Appeal May Depend on Agency's Larger Agenda, Securities Lawyers Say
Regarding a potential appeal, the SEC says that it "will determine next steps as appropriate."
June 11, 2024 at 02:54 PM
4 minute read
Securities Litigation
The U.S. Securities and Exchange Commission must carefully weigh its legal strategy following a federal appeals court decision last week that struck down the SEC's regulation of private fund advisers as being beyond the agency's statutory authority, securities lawyers said this week, citing the SEC's larger agenda.
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