11th Circuit to rehear Weissman

As discussed in an earlier post, the 11th Circuit held in Weissman v. NASD that there is a private cause of action against an exchange for activities not related to its regulatory activity. That 11th Circuit has, however, vacated the panel opinion and scheduled the case for rehearing en banc. Check back here for further coverage of this case as it develops.

Click here for the rehearing order.