FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd.
Podcast: U.S. Supreme Court Oral ArgumentsPublished On: Wed Dec 10 2025
Description: A case in which the Court held that Section 47(b) of the Investment Company Act (ICA) does not give private individuals the power to sue for rescission when they allege a contract violates the Act; that enforcement power belongs to the Securities and Exchange Commission.
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