Regulation
Broker/Dealer Firms Receive Green Light on Projecting Investment Performance, Targeted Returns from SEC
The Financial Industry Regulatory Authority originally filed the new marketing rule in February.
Tag: Securities and Exchange Commission
Opinion
Why the SEC Should Reverse Course on Shareholder Arbitration Clauses
About 1 year after the Securities and Exchange Commission authorized the controversial option, SpaceX is the only IPO to include one.
Regulation
Public Comments on SEC E-Delivery Rule Highlight Cost Savings, Investor Preference as Benefits
The American Securities Association and SIFMA were among industry groups submitting feedback by Monday’s deadline.
Regulation
SEC Proposal to Move Proxy Oversight to States Comes Under Industry Scrutiny
According to the Securities and Exchange Commission, Rule 14a-8 exceeds the SEC’s authority, but opponents said the SEC’s proposal takes a ‘sledgehammer’ to shareholder proposals.
Regulation
SEC, CFTC Delay Hedge Fund Reporting Updates to 2027
The deadline to comply with proposed amendments to Form PF comes as the commission considers changing or ending the required reporting.
Regulation
Consolidated Audit Trail Concept Release Elicits Strong Industry Support
SIFMA and the ASA are among the organizations urging Congress and the SEC to protect investors’ personally identifiable information.
Western Asset Management to Pay $100M Fine Over Former CIO’s Alleged Cherry-Picking Scheme
The Franklin Resources subsidiary will resolve a federal investigation into the firm over the trading practices of former Co-CIO Ken Leech.
Regulation
Digital Assets Regulation Central to SEC 5-Year Plan
The agency called for ‘legal certainty’ on blockchain and crypto asset technologies, while also prioritizing a reduction in mandatory corporate disclosures.
Newsmakers
Commissioner Hester Peirce to Step Down From SEC
The Securities and Exchange Commissioner will join Regent University as a faculty member.
Regulation
Bill Targeting Proxy Advisers Advances From House Committee
The legislation aims to curb required disclosures tied to political, social or environmental priorities unless they affect investment or voting decisions.
Regulation
SEC, CFTC Propose Reduced Reporting Requirements for Private Funds
The changes would undo enhanced requirements put in place under former President Joe Biden.
Newsmakers
Former Regional Director to Return to SEC as Head of Enforcement
Securities lawyer David Woodcock will return to the Securities and Exchange Commission to lead the division, effective May 4.
Regulation
Proposed Federal Budget for Fiscal 2027 Would Cut Staff, Funds for SEC, CFTC
The plan would further affect agencies already grappling with reduced staffing.
Regulation
SEC Enforcement Division Director Steps Down
Margaret Ryan is succeeded by Sam Waldon, who has returned to the role of acting director.
Newsmakers
Manager Who Stole Millions From Pension Clients Files for Congressional Run
Alan Bond was convicted in 2003 for stealing millions in kickback and cherry-picking schemes. Now he is running for a House seat as an independent in New Jersey. Bond says much has changed since then.