Scalia fils – Papa must be Proud!

American Petroleum Institute sues SEC over Dodd-Frank resource retraction rule.

“…The SEC's resource extraction rule is one of the most controversial Dodd-Frank requirements. Championed by humanitarian organizations, the rule aims to combat bribery abroad by U.S. energy companies… The challenge to the SEC's rule is being headed up by Gibson Dunn attorney Eugene Scalia, the son of Supreme Court Justice Antonin Scalia. He has a winning-streak in knocking down other SEC regulations, such as the proxy access rule last year. Late last month, Scalia also helped other trade groups win a court battle against the Commodity Futures Trading Commission over another Dodd-Frank rule that would have imposed “position limits” on commodity speculators….”

btw, the resource retraction part of Dodd-Frank was a product of Ben Cardin (D. Md.) and Dick Lugar.

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