The SEC is considering whether fund naming rules should apply to ESG funds.
The justices seemed inclined to put limits on the power and to ensure more money goes to harmed investors.
The court hears arguments Tuesday on contentions that the SEC can’t use a traditional legal tool known as “disgorgement."
The activist investor and others say the changes will make it harder for shareholders to hold companies accountable for poor performance.
The SEC has frustrated some cryptocurrency aficionados with its cautious approach to regulating the asset class.
The move comes after widespread opposition from financial titans with considerable clout, including Vanguard.
For months, the CFTC has been quietly ramping up efforts to hunt for suspicious transactions.
Proposed changes could make individuals automatically eligible if they work in certain roles in finance.
The SEC is moving toward approval of the rule changes, which would rein in proxy advisory firms.
The private equity industry appears to be heading into a war to preserve its generous tax breaks.