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Legal Update

FSA v Amro International1 : FSA Not Required to Second Guess SEC on Scope of Requests for Documents

26 February 2010
Mayer Brown Legal Update
The English Court of Appeal has overturned a High Court decision which held that the FSA had acted improperly in requiring a firm of London based accountants to produce documents requested by the SEC and which the SEC claimed were relevant to a civil action which the SEC was conducting in New York.
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