• Court of Appeals Will Not Reconsider SEC Power to Adopt Exemptive Rules
  • September 22, 2005 | Authors: Catherine Botticelli; Alan Rosenblat
  • Law Firms: Dechert LLP - Washington Office ; Dechert LLP - Philadelphia Office
  • On September 9, 2005, the U.S. Court of Appeals for the District of Columbia Circuit (the "Court") issued is latest order in the ongoing litigation between the Chamber of Commerce of the United States (the "Chamber") and the Securities and Exchange Commission (the "SEC" or "Commission") regarding certain exemptive rule amendments.