TITLE

Judges Side With Chamber

AUTHOR(S)
Hume, Lynn
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/10/2006, Vol. 356 Issue 32357, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the ruling of the U.S. Court of Appeals for the District of Columbia favoring the U.S. Chamber of Commerce against the Securities and Exchange Commission (SEC) for the violation of the Administrative Procedure Act by adopting two mutual fund rule provisions on the basis of cost information without consulting the public comment. The court reiterates its intention to throw out the provisions unless the SEC decides to reopen the rulemaking process.
ACCESSION #
20464041

 

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