Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, May 15, 2007

Brokerage Industry "Outraged" At SEC's Decision Not to Ask for Rehearing in FPA v. SEC

SIFMA (the Securities Industry and Financial Markets Association) issued a press release announcing it is "outraged" that the SEC is not asking for a rehearing in FPA v. SEC and accuses the agency of leaving investors in the lurch.  It also said that the four-month delay that the SEC has requested from the D.C. Court is not sufficient to deal with the transition.

http://lawprofessors.typepad.com/securities/2007/05/brokerage_indus.html

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