National Ass'n of Manufacturers v. Securities & Exchange Commission

ELR Citation: 44 ELR 20087
No(s). 13-5252 (D.C. Cir. Apr 14, 2014)

The D.C. Circuit held that the Securities and Exchange Commission's (SEC's) "conflict materials" rule violates the First Amendment. SEC issued the rule in 2012 pursuant to Ā§1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires SEC to issue regulations requiring firms...