Judge Don Willett's Rulings on Mutual Fund Net Asset Value Nav Calculation

Natl Assoc Priv Fund Mgr v. SEC

Fifth Circuit Vacates SEC's Swing Pricing Rule for Exceeding Authority

Natl Assoc Priv Fund Mgr v. SEC, decided by Fifth Circuit on August 25, 2025, resulted in a defendant win outcome. The Fifth Circuit reviewed the SEC's "swing pricing" rule, which allows mutual funds ...