Case Updates
U.S. Chamber files amicus brief urging Fifth Circuit to strike down the SEC's Private Fund Advisors Rule as beyond the agency’s statutory authority
November 08, 2023
The Chamber's brief also argues that the SEC was arbitrary and capricious in enacting the rule without assessing its economic effects or articulating any meaningful, non-speculative benefit.
Steven A. Engel, Michael H. McGinley, Justin W. Aimonetti, and Brian A. Kulp of Dechert LLP and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.