Authors:

  • Howell Jackson

Excerpt

February 28, 2023, Opinion: "The expiration of an SEC no-action letter is typically not a topic of interest to the general public or members of Congress. But a firestorm is about to descend on Washington over the SEC’s plans to let a temporary measure adopted nearly six years ago expire this summer. Wall Street lobbyists are gearing up to push for an extension. If the SEC succumbs to their pressure, public pension plans, endowments, and millions of Americans invested in mutual funds will lose out."