U.S. Court of Appeals for the Second Circuit
Second Circuit rejects legal challenge to SEC’s Best Interest Regulation (Regulation BI)
June 26, 2020
Click here to view the opinion.
U.S. Chamber files coalition amicus brief in support of SEC’s Best Interest Regulation (Regulation BI)
March 10, 2020
The U.S. Chamber’s brief supports the SEC’s arguments that it has statutory authority under the Dodd-Frank Act and the securities laws to promulgate Regulation BI and that the SEC did not act arbitrarily or capriciously in promulgating the regulation.
Kelly P. Dunbar of WilmerHale served as co-counsel for the U.S. Chamber of Commerce on behalf of the U.S. Chamber Litigation Center.