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5th Circ. Axes SEC's Stock Buyback Rules

By Hailey Konnath ( December 20, 2023, 12:00 AM EST) -- The Fifth Circuit on Tuesday vacated the U.S. Securities and Exchange Commission's rules requiring companies to disclose more information on stock buybacks, noting that the SEC failed to fix issues identified by the appellate court within the time frame it was given to do so....

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