Case Updates
Massachusetts Supreme Judicial Court reverses lower court’s invalidation of the Massachusetts Fiduciary Rule, holding that Secretary Galvin did not exceed his authority in promulgating the Rule, the Rule does not abrogate the common law, and the Rule is not preempted by the SEC’s Regulation Best Interest
August 25, 2023
Click here to view the opinion.
U.S. Chamber files coalition amicus brief urging Massachusetts Supreme Judicial Court to affirm the lower court’s invalidation of the Massachusetts Fiduciary Rule
April 08, 2023
Click here to view the coalition amicus brief. Shay Dvoretzky, Eben P. Colby, and Marley Ann Brumme of Skadden, Arps, Slate, Meagher & Flom LLP and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.