Regulation
SEC Grants Dimensional Approval to Launch ETF Share Classes
The agency signaled its approval in September, but the official verdict was delayed because of the government shutdown.
Tag: SEC
Asset Allocation
Dimensional Got the SEC’s OK For Dual Share Class Funds, but What’s Next?
The firm has applied for permission to launch 13 exchange-traded-fund share classes, but significant movement is not anticipated in the immediate future, experts say.
Regulation
SEC Permits Dimensional to Offer Dual Mutual Fund–ETF Products
The order would allow for a hybrid fund that combines two popular investment vehicles.
Regulation
SEC Announces Unit to Protect Investors From Crypto, AI Scams
The Cyber and Emerging Technologies Unit will be led by Laura D’Allaird, who was co-chief of the predecessor Crypto Assets and Cyber Unit.
Newsmakers
Sam Waldon Named Acting SEC Enforcement Head
Acting SEC Chair Mark Uyeda named the former acting deputy director as acting director of the division of enforcement.
Regulation
BMO Pays $41M to Settle SEC Charges of Failing to Supervise ‘Sliver Bond’ Sales
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
Regulation
Cantor Fitzgerald Settles SEC Charges Over Misleading SPAC Disclosures
The firm will pay a $6.8 million fine for allegedly making false statements in regulatory filings.
Newsmakers
Trump’s SEC Nomination Draws Strong Reactions
The appointment of Paul Atkins as SEC chair, pending Senate confirmation, received predictably mixed reactions, with cryptocurrency a hot talking point on both sides.
Newsmakers
Trump Nominates Former SEC Commissioner to Top Job
Paul Atkins will be put up to replace Gary Gensler, bringing SEC experience from a Republican administration and support for digital assets.
Regulation
SEC Files Fewer Total Enforcement Actions, but Total Remedies Still Hit Record
More than half of the regulator's $8.2 billion in remedies for fiscal 2024 came from a securities fraud case against Terraform Labs.
Newsmakers
SEC Chair Gensler to Step Down January 20
After a 'robust rulemaking agenda,' Gensler's departure will coincide with President-elect Trump's inauguration.
Regulation
Invesco Pays $17.5M Fine to Settle SEC Greenwashing Charges
However, the future of ESG regulation in the U.S. is unclear under a second Trump administration.
Regulation
SEC Monitoring Effects of Hurricane Milton on Capital Markets
The agency will evaluate granting relief from filing deadlines to firms affected by the hurricane.
How Investors, Public Companies View SEC’s Cybersecurity Disclosure Requirements
Disclosure requirements can be a hassle for companies, but investors seek to understand material risks.
Regulation
Investor Groups Petition SEC to Cut 13F Reporting Timeline to 5 Days
Information is out of date under the current 45-day timeline, per the NYSE and two investment professional groups.