[1/2] The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. At issue are proposed rules that would, among other things, require greater disclosures of large security-based swap positions. "The SEC is unlawfully withholding ... information to which Elliott is entitled and for which no valid disclosure exemption applies or has been properly asserted," Elliott said. In June, the regulator strengthened rules intended to prevent anyone in the security-based swaps market from manipulating prices. The case is Elliott Investment Management LP v SEC, U.S. District Court, District of Columbia, No.

Source: Forbes November 04, 2023 00:00 UTC