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Form N-CSRS HAWAIIAN TAX FREE TRUST For: Sep 30

Form N-CSRS HAWAIIAN TAX FREE TRUST For: Sep 30
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Form 497K AQUILA MUNICIPAL TRUST

Form 497K AQUILA MUNICIPAL TRUST
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Form 497K AQUILA MUNICIPAL TRUST

Form 497K AQUILA MUNICIPAL TRUST
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In Hair Supplement Case, Ninth Circuit Rejects Bald Attempt to Escape Preemption | Patterson Belknap Webb & Tyler LLP

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Federal law expressly authorizes manufacturers of dietary supplements to make “structure/function” claims that is, claims about the effect of particular nutrients on the structure or function of the human body. (Think: “vitamin C supports the immune system” or “calcium supports healthy bones”). Despite this federal authorization, consumers often attempt to bring state-law challenges to manufacturers’ structure/function claims, asserting that they are false or misleading. This type of clash between federal and state law is a classic recipe for preemption. And that is especially true where the relevant federal statute here, the Food, Drug, and Cosmetic Act (FDCA) contains an express preemption clause. ....

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