5th Circ. Questions Texas' Standing In SEC Proxy Rule Battle

By Jessica Corso (April 30, 2024, 9:48 PM EDT) -- The Fifth Circuit appeared skeptical Tuesday of a Texas-led challenge to a U.S. Securities and Exchange Commission regulation that will require fund managers to make it easier for investors to identify ESG issues on corporate ballots, with the judges wondering whether the Lone Star State and others had standing to bring the lawsuit....

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