Regulation
SEC Finalizes Amendments to Require Greater Execution Quality Disclosure
Updates to the rule on trade execution received a rare 5-0 vote.
Tag: SEC
Regulation
SEC Finalizes Climate Disclosure Rule, Omitting Scope 3
The rule has a staggered compliance calendar for different issuers.
Regulation
SEC Electronic Disclosure Bill Proposed in Senate, Vote Coming Soon in House
The legislation requires issuers to default investors into electronic delivery of disclosures currently sent in the mail, albeit after sending two annual opt-out notices.
Regulation
Natasha Vij Greiner to Replace William Birdthistle at SEC
A veteran of more than 20 years at the SEC, Greiner takes over investment management after Birdthistle spent more than two years leading the division.
Regulation
AI Poses Unique Risks to Investors, SEC Chair Says
Conflicts can be easily concealed by complicated and evolving predictive technologies, Gary Gensler argued.
SEC Charges Crypto Fund Founders in Nearly $2B Fraud
The regulator alleges the now-defunct HyperFund was a ‘pyramid and a Ponzi scheme.’
Regulation
SEC Finalizes Liquidity Dealer Rule
The rule would require unregistered liquidity providers to register as dealers with the SEC.
Regulation
SEC Predictive Analytics Proposal Targeted by Senate Republicans
The proposal has been widely criticized by the financial industry for being too broad in its application.
Regulation
SEC Private Funds Rule Challenged in 5th Circuit
The rule that requires additional disclosures from private fund advisers faced skepticism from a three-judge panel.
Regulation
Aon Agrees to $1.5M Settlement With SEC Over Pennsylvania Pension Data
The penalty is related to misleading statements the adviser made to the Pennsylvania Public School Employees’ Retirement System.
JP Morgan Settles SEC Charges It Violated Whistleblower Protection Rule
The banking giant’s subsidiary agreed to be censured and pay an $18 million penalty.
Regulation
Agricultural Interests Voice Opposition to SEC Climate Disclosure Proposal
The agricultural industry has long been among the chief opponents of climate disclosure, particularly scope 3 disclosure.
SEC, DOJ Charge Dozy Mmobuosi in ‘Massive’ Fraud
The Nigerian businessman with claimed assets of more than $7 billion was widely reported to have been close to buying English soccer club Sheffield United.
Regulation
SEC Stock Buyback Disclosure Rule Vacated by Appeals Court
The rule would have required much more information on buybacks to be disclosed to investors.
Regulation
SEC Accredited Investor Report Emphasizes Lack of Sophistication, Retirement Assets
The study of the accredited investor definition highlighted the lack of emphasis on sophistication and the growing number of qualified households.