No. 23A416

Robinhood Financial LLC v. William F. Galvin, Secretary of the Commonwealth of Massachusetts, et al.

Lower Court: Massachusetts
Docketed: 2023-11-08
Status: Presumed Complete
Type: A
Experienced Counsel
Tags: broker-dealer fiduciary-duty investor-protection preemption regulatory-conflict sec-regulation
Key Terms:
ERISA Securities
Latest Conference: N/A
Question Presented (from Petition)

Whether a state regulator may intentionally override a federal regulation.

Question Presented (AI Summary)

Whether federal Regulation Best Interest preempts a state law imposing a fiduciary duty standard on broker-dealers that directly conflicts with the SEC's regulatory objectives

Docket Entries

2023-11-08
Application (23A416) granted by Justice Jackson extending the time to file until January 22, 2024.
2023-11-06
Application (23A416) to extend the time to file a petition for a writ of certiorari from November 23, 2023 to January 22, 2024, submitted to Justice Jackson.

Attorneys

Robinhood Financial LLC
Amy Mason SahariaWilliams & Connolly LLP, Petitioner