The Court Where Securities Rules Go To Die

The U.S. Court of Appeals for the D.C. Circuit, located in a little-noticed limestone-and-concrete building a block northwest of the Capitol, is where securities rules go to die.

BING NEWS:
  • Long-Awaited SEC Final Rules on Climate-Related Disclosures Face Legal Scrutiny
    While the status of the final rules remains uncertain, the SEC’s 2010 climate guidance continues to apply. Companies should continue to consider providing more robust disclosure on climate-related ...
    04/25/2024 - 4:06 am | View Link
  • DOL Critics, Supporters Sound Off on Final Fiduciary Rule
    Advocates say RIAs have little to worry about, yet one opponent accused the DOL of waging an “ideological crusade” and said he’d recommend litigation to his board.
    04/24/2024 - 8:56 am | View Link
  • Supreme Court Confirms ‘Pure Omissions’ Cannot Support Securities Fraud Liability
    In a significant decision regarding the scope of the federal securities laws’ anti-fraud provisions, the U.S. Supreme Court held that “pure omissions” are inactionable under Section 10(b) of the ...
    04/24/2024 - 3:06 am | View Link
  • Supreme Court Unanimously Rules “Pure Omissions” Not Actionable under SEC Rule 10b-5 Even If Disclosure Required by Item 303 of Regulation S-K
    Section 10(b) of the Securities Exchange Act of 1934 makes it unlawful to “use or employ, in connection with the purchase or sale of any security … [,] any manipulative or deceptive device or ...
    04/23/2024 - 1:00 pm | View Link
  • U.S. Supreme Court Rules That “Pure Omissions” Are Not Actionable Under Rule 10b-5
    of the Securities Exchange Act of 1934 makes it “unlawful for any person . . . [t]o use or employ, in connection with the purchase or sale of any security . . . [,] any manipulative or deceptive ...
    04/23/2024 - 1:00 pm | View Link
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