The Investment Company Institute and the U.S. Chamber of Commerce today filed a notice of appeal of a recent ruling by the U.S. District Court for the District of Columbia upholding the Commodity Futures Trading Commission’s rule requiring mutual funds with commodities investments to register with the agency.

U.S. District Judge Beryl Howell in Washington earlier this month rejected arguments by the U.S. Chamber of Commerce and the ICI that the rule is unnecessary, and that the commission didn’t properly assess the costs and benefits when it approved the regulation in February.

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