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Expert Analysis

Dissecting New Circuit Split Over SEC's Proxy Adviser Rule

By Joel Kurtzberg, John MacGregor and Jason Rozbruch ( November 7, 2024, 2:58 PM EST) -- On Sept. 10 in U.S. Chamber of Commerce v. U.S. Securities and Exchange Commission,[1] the U.S. Court of Appeals for the Sixth Circuit upheld the SEC's partial rescission of enhanced conflict-of-interest disclosure requirements for proxy voting advice businesses, or PVABs, rejecting a challenge to the rescission under the Administrative Procedure Act....

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