Solicitor General Invited To Weigh In On ICA Private Right Of Action Case

( January 14, 2025, 10:59 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Jan. 13 invited the solicitor general to file a brief expressing the views of the United States in a case brought by multiple closed-end funds (CEFs) asking the high court to decide whether a section of the Investment Company Act of 1940 (ICA) includes a private right of action....