10th Circuit Affirms Dismissal Of Broker’s SEC Rule 17a-8 APA Challenge

( August 5, 2026, 12:59 PM EDT) -- DENVER — A 10th Circuit U.S. Court of Appeals panel affirmed a lower court’s dismissal of a broker-dealer’s suit against the Securities and Exchange Commission claiming that the SEC violated the Administrative Procedure Act (APA) by using a commission rule to impose Bank Secrecy Act requirements on broker-dealers, finding that the broker-dealer did not identify an unlawful final agency action as required under the APA....