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SEC Liquidity Rule Suit Can't Be Axed Just Yet, Judge Says

By Hailey Konnath ( March 27, 2025, 10:18 PM EDT) -- A New York federal judge on Thursday refused to toss the U.S. Securities and Exchange Commission's suit alleging that Pinnacle Advisors LLC exceeded its allowed allotment of illiquid investments, as the intervening Loper Bright ruling has changed the standard for evaluating agency action since the dismissal bid was filed....

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