IM Insight Breaking News: SEC Sued Over Fund Governance Rule

This one’s got legs, folks.Earlier today, the U.S. Chamber of Commerce sued the SEC for exceeding its authority in adopting the independent chair and 75 percent independent director requirements for registered funds. The Chamber asks the court to declare the rules unlawful and set them aside. On the Chamber’s legal team: respected securities lawyer John […]
Full contents of this article are only available to paid subscribers.

Please note: we are on a new platform and you may need to reset your password to recover your account. Click here for more details.

New to ACA Insight?

Subscribe today and receive a time-limited $200 discount!

Subscribers receive: 46 electronic issues conveniently e-mailed to your desktops each Friday; access to archives of past stories; and breaking news e-mails.

Subscribe today to the weekly news source for investment management and legal compliance professionals.