News | 05.11.20
Court Expedites Reg BI Oral Argument
The U.S Court of Appeals for the 2nd Circuit has agreed to expedite oral arguments in the case against the SEC's Regulation Best Interest (Reg BI). The date has been set for June 2, potentially giving the court time to rule before the Reg BI implementation deadline hits on June 30. The case brought by the attorneys general of New York, California, Connecticut, Delaware, Maine, New Mexico, Oregon, and the District of Columbia has been consolidated with XY Planning Network's lawsuit against the rule.
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