Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach


Bitcoin News writes:
Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach
Byte-sized news on the latest topics relating to crypto and technology.The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that the SEC had overstepped its statutory limits by […]