SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule

Crypto Freedom Alliance of Texas and Blockchain Association filed a question connected May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s caller Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded explanation of “dealer” exceeds its statutory authorization nether the Securities Exchange Act, peculiarly affecting the integer plus industry. The little asserts […]