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Court of Appeals Sides with U.S. Chamber of Commerce


by Kramer Levin Naftalis & Frankel LLP View Firm Credentials
New York Office

February 10, 2007

Previously published on April 7, 2006

The U.S. Court of Appeals for the District of Columbia Circuit today vacated the Securities and Exchange Commission's rules requiring investment companies relying on certain exemptions to have a board consisting of at least 75 percent independent directors and an independent chair. In an...


 

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