The rules required private fund managers to give investors more details about quarterly fees and expenses.
The plaintiffs argue that the state's anti-ESG laws violate the First Amendment's freedom of speech rights.
The ruling is a blow to the FTC and further divides the judiciary over the regulator's powers.
The rules had required hedge funds and private equity firms to detail quarterly fees and expenses.
The suit accuses the agency of "dystopian surveillance" of U.S. trading activity.
A very seasonal legal spat is playing out in Nantucket: The billionaire owner of a $6...
The Supreme Court signaled that President Biden faces a large hurdle in implementing a broad debt relief plan.
Biden's plan relies on a 2003 law that allows the Education Department to waive loan requirements in an emergency.
The plaintiffs called President Biden's relief plan unlawful.
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