Wall Street Embracing a 'Logical' Approach to Challenge Gensler's Rules

Also, FDIC hires Clearly Gottlieb to investigate workplace misconduct; SEC Speaks is making a comeback

Wall Street lawyers are spending lots of time looking for the best ways to win court challenges against Gary Gensler’s onslaught of rules. One area that the industry is repeatedly homing in on: the SEC chair’s penchant for making major revisions to proposals before a final vote. 

The issue has already cropped up in at least one prominent case filed again…