Adviser Attacks SEC's Liquidity Rule In Bid To Escape Suit

Adviser Attacks SEC's Liquidity Rule In Bid To Escape Suit By Jessica Corso A New York-based investment adviser facing the first-ever U.S. Securities and Exchange Commission lawsuit over a 2016 liquidity rule says the case against it should be tossed because the agency had no congressional authority to write the rule in the first place. Motion attached | Read full article » | Save to favorites » https://www.google.com/url?q=https://www.law360.com/newyork/articles/1698531?nl_pk%3D00e0f28d-575b-4889-8d54-22105e2d7f39%26utm_source%3Dnewsletter%26utm_medium%3Demail%26utm_campaign%3Dnewyork%26utm_content%3D2023-07-13%26nlsidx%3D0%26nlaidx%3D14&source=gmail&ust=1689332886473000&usg=AOvVaw3a6XaFfQYEeAhcWUqhYdy0