Jan M. Folena

A Law360 article has featured Stradley Ronon’s July 11 victory in which the firm successfully represented two mutual fund independent trustees in allegations brought by the U.S. Securities and Exchange Commission (SEC). In the first-ever enforcement action brought by the SEC pursuant to the Liquidity Rule, the agency alleged the independent trustees aided and abetted a mutual fund’s purported misclassification of illiquid securities in violation of the rule.

Read the full article (subscription required).