The SEC will face tough questions about its rollback of Trump-era shareholder voting adviser restrictions when a conservative court considers a corporate effort to block the move next week.
Trump appointee James Ho and two other Republican-appointed judges will hear oral arguments Monday in the US Court of Appeals for the Fifth Circuit in a case over the Securities and Exchange Commission’s 2022 proxy advisory firm regulations. The National Association of Manufacturers appealed a lower court decision upholding the new rules in December.
The hearing will be the biggest judicial test yet of SEC authority in removing 2020 curbs on ...
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