SEC Asks Court to Toss Accredited Investor Rule Suit

News April 20, 2026 at 01:51 PM
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What You Need To Know

  • The SEC is asking a federal court in Texas to dismiss a case brought by Emily Kapszukiewicz, CEO of a health care startup.
  • The agency says the complaint lacks standing on several grounds.
  • The securities regulator is asking the court "to dismiss a challenge to a regulation that its own leadership has publicly called irrational, unfair, and contrary to law," says lawyer Nicolas Morgan.
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