ICYMI: ASA Leads Amicus Brief Challenging the SEC’s Consolidated Audit Trail

WASHINGTON – The American Securities Association (ASA) filed an amicus brief with former United States Attorney General William Barr and the American Free Enterprise Chamber of Commerce, highlighting how the legality of the SEC’s collection of PII through the CAT is a major question and violates the Fourth Amendment.

“ASA is proud to be joined by Attorney General Barr and the American Free Enterprise Chamber of Commerce in filing this amicus brief to stand up for American investors and protect their right to privacy,” said ASA President and CEO Chris Iacovella.  

To read the full amicus brief, click here.

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The American Securities Association (ASA) represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.