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Regulators overstepped, six trade groups claim in new complaint filed in Fifth Circuit.
The FTC’s proposed changes to pre-merger filing requirements would mandate the disclosure of certain LPs and may add significant costs to returns.
It’s difficult to imagine a Congress so divided would be able to address a constitutional remedy should the SCOTUS find for Cochran.
JES Global founder Elliot Smerling pleaded guilty last month to a $133m fraud scheme.
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