Tag: SEC

Regulation March 1, 2024

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 February 29, 2024

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 February 14, 2024

AI Poses Unique Risks to Investors, SEC Chair Says

Conflicts can be easily concealed by complicated and evolving predictive technologies, Gary Gensler argued.

February 12, 2024

SEC Charges Crypto Fund Founders in Nearly $2B Fraud

The regulator alleges the now-defunct HyperFund was a ‘pyramid and a Ponzi scheme.’

Regulation February 7, 2024

SEC Finalizes Liquidity Dealer Rule

The rule would require unregistered liquidity providers to register as dealers with the SEC.

Regulation February 6, 2024

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 February 6, 2024

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 January 25, 2024

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.

January 25, 2024

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 January 19, 2024

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.

January 4, 2024

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 December 20, 2023

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 December 15, 2023

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.

Regulation December 14, 2023

SEC Finalizes Treasury Clearing Rule

The rule requires most secondary transactions to be centrally cleared by June 2026.

Regulation November 29, 2023

Supreme Court Hears Case That Could Invalidate Administrative Courts

The ruling, expected in June 2024, could have a wide-ranging impact.