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Coinpedia
2023-12-21 09:58:13

Court of Appeals Overturns SEC’s Share Repurchase Reporting Rule; Here’s Why

Court of Appeals Overturns SEC’s Share Repurchase Reporting Rule; Here’s Why

The post Court of Appeals Overturns SEC’s Share Repurchase Reporting Rule; Here’s Why appeared first on Coinpedia Fintech News In a dramatic turn of events, the U.S. Court of Appeals for the Fifth Circuit dealt a heavy blow to the Securities and Exchange Commission (SEC) on December 19, 2023. The court overturned a pivotal rule that mandated daily reporting of share repurchases by issuers. This ruling not only marks a significant setback for the …

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