SCOTUS Delivers Win for Investment Funds, Rejects Activist Lawsuits Under Securities Law

Clarence Thomas, Samuel Alito, Neil Gorsuch, and Brett Kavanaugh, delivered a clear rebuke to judicial overreach.

“Congress, not the Judiciary, decides who may enforce the law,” Barrett wrote.

“The Investment Company Act designates the Securities and Exchange Commission as its primary enforcer and expressly permits shareholders and issuers of securities continue reading …