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

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

Mondaq

Published

In a recent precedential decision, the 2nd Circuit held that funds could delegate beneficial ownership to their investment managers, thereby eliminating the funds...

Full Article