5th Circuit Grants SEC’s Voluntary Dismissal Of Appeals In ‘Dealer Rule’ Cases

( February 21, 2025, 2:56 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals issued orders granting the Securities and Exchange Commission’s motions for voluntary dismissal of appeals in two cases where a federal judge in Texas found the SEC “engaged in unlawful agency action taken in excess of its authority” and vacated the SEC’s “Dealer Rule.”...

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