Mayer Brown’s Nicole Saharsky and Gail Levine filed an amicus brief on behalf of the Securities Industry and Financial Markets Association, the Futures Industry Association, the Managed Funds Association, and the American Investment Council, challenging the FTC’s rule banning non-compete agreements nationwide. The Northern District of Texas just agreed with our clients. It preliminarily enjoined the FTC from enforcing its rule on the parties. A final decision is expected by the Texas court by August 30, 2024. You can read the amicus brief here: https://lnkd.in/gb4e8MGw #FTC #noncompete
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Noncompete agreements are under siege, facing attacks on the state and federal fronts. Businesses will need to adapt their practices as federal and state bodies look to curb the use of noncompetes. Read here to understand more about the proposed changes to noncompete agreements: https://bit.ly/46o1EkX #MiddleMarket #Growth #Network #Networking #Deals #Dealmaking #Dealmakers #InvestmentBank #InvestmentBanking #Invest #PrivateEquity #PE #Advisors #Community
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#FinancialPlanningMonth Tip 💡: "Build up your emergency fund and keep it in a high-yield savings account." – Emily Marzina, CFP®, Vice President at Bill Few Associates. To learn more or to contact Emily: https://lnkd.in/erDPZFP5 #FinancialWisdom #FinancialAdvisor #SavingsTip #EmergencyFund
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CEO of Core Compliance & Legal Services, Inc. Managing Partner of Jacko Law Group, PC
Last week, the Fifth Circuit Court of Appeals overturned the SEC’s New Private Fund Rules introduced in August 2023 (the “Private Fund Rules”). Given that the Private Fund Rules imposed several limitations and prohibitions that ran counter to the fundamental principles of a private fund, this was a significant victory for private fund advisers. Read more about this here - https://hubs.li/Q02B9j150 #privatefunds #SECrule #regulatorycompliance #jackolg
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In a lot of my recent intro meetings, the clients have brought up the need for an Emergency Fund before I had the chance. This makes me happy. An Emergency Fund is one of the least sexy things to talk about in the world of finance...unfortunately, it's also one of the most important! I'm glad that seems to be catching on a bit. #MoneyMemeMonday #FinancialAdvisor #FinancialAdvice #FinancialEducation #FinanialLiteracy #FinancialPlanning #EmergencyFund #SexyFinance
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A panel in the U.S. Fifth Circuit Court of Appeals ruled that the Securities and Exchange Commission exceeded its statutory authority in adopting the so-called “Private Fund Advisers Rule” and vacated the Rule in full. Click below to learn more. #SEC #StatutoryAuthority #FundFormation
Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule | Foley & Lardner LLP
https://www.foley.com
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A panel in the U.S. Fifth Circuit Court of Appeals ruled that the Securities and Exchange Commission exceeded its statutory authority in adopting the so-called “Private Fund Advisers Rule” and vacated the Rule in full. Click below to learn more. #SEC #StatutoryAuthority #FundFormation
Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule | Foley & Lardner LLP
https://www.foley.com
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Foley & Lardner LLP | Venture Capital | Startups | M&A | Securities | Corporate Governance
A panel in the U.S. Fifth Circuit Court of Appeals ruled that the Securities and Exchange Commission exceeded its statutory authority in adopting the so-called “Private Fund Advisers Rule” and vacated the Rule in full. Click below to learn more. #SEC #StatutoryAuthority #FundFormation
Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule | Foley & Lardner LLP
https://www.foley.com
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A panel in the U.S. Fifth Circuit Court of Appeals ruled that the Securities and Exchange Commission exceeded its statutory authority in adopting the so-called “Private Fund Advisers Rule” and vacated the Rule in full. Click below to learn more. #SEC #StatutoryAuthority #FundFormation
Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule | Foley & Lardner LLP
https://www.foley.com
-
A panel in the U.S. Fifth Circuit Court of Appeals ruled that the Securities and Exchange Commission exceeded its statutory authority in adopting the so-called “Private Fund Advisers Rule” and vacated the Rule in full. Click below to learn more. #SEC #StatutoryAuthority #FundFormation
Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule | Foley & Lardner LLP
https://www.foley.com
