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Investment Company Act of 1940

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Opinion
No Justice Jackson, That’s Not The Role Of The Supreme Court
With all the high-profile Supreme Court decisions during the 2025-26 term, it was easy to overlook FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd. It might appear unremarkable at first glance, holding that Section 47(b) of the Investment Company Act does not provide for private lawsuits to rescind certain contracts.
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