![United States: Second Circuit Provides Guidance On Delegation Of Beneficial Ownership In Short-Swing Trading Case Brought Under Section 16 Of The Exchange Act - Akin Gump Strauss Hauer & Feld LLP](https://cdn.newsserve.net/ONPglobe256.png)
United States: Second Circuit Provides Guidance On Delegation Of Beneficial Ownership In Short-Swing Trading Case Brought Under Section 16 Of The Exchange Act - Akin Gump Strauss Hauer & Feld LLP
In a recent precedential decision, the 2nd Circuit held that funds could delegate beneficial ownership to their investment managers, thereby eliminating the funds...
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