SEC’s Hedge Fund Rules Struck Down on Appeal. Gensler May Face More Challenges.

Barron’s – In a story about the SEC’s Private Funds Rule being struck down by the 5th Circuit Court of Appeals, Healthy Markets President & CEO Tyler Gellasch is quoted saying “The debate now isn’t about whether new obligations can withstand legal challenge, but rather what longstanding disclosure and reporting requirements might survive,” said Tyler Gellasch, who is president of the Healthy Markets Association and had supported the rule. (Full Story).