Trading Ban Acceleration Passes House in China Competition Bill
The House on February 4, 2022, voted 222 to 210 to pass a sweeping bill designed to strengthen U.S. economic …
Former SEC Chair White: Congress, Stay in Your Lane
At a conference last week, Mary Jo White expressed the frustrations she had of dealing with congressional interference in independent …
Senate Bill Would Shift Dodd-Frank Senior Investor Protection Grant Program to SEC
A bipartisan group of senators on January 20, 2022, introduced legislation that would put the SEC in charge of a …
Gensler Defends 30, 45-Day Comment Period for SEC Rulemaking Proposals
During a recent virtual event, SEC Chair Gary Gensler defended against criticism that the commission is not providing enough time …
Senate Bill Would Expand SEC Small Business Advocate’s Mandate to Include Rural Businesses
Sen. John Kennedy, a Louisiana Republican, on January 13, 2022, introduced a bipartisan measure that would broaden the mandate of …
SEC Has Over 50 Rulemaking Projects, but a ‘Phenomenally Important’ One is Missing
There is no doubt that SEC Chair Gary Gensler’s near-term rulemaking agenda is ambitious with over 50 items. But there …
Republicans Look to Limit Fed’s Central Bank Digital Currency Power
A House Republican on January 12, 2022, announced legislation barring the Federal Reserve from issuing a central bank digital currency …
Like it or Not, Dodd-Frank Clawback Rule Coming
The SEC under the leadership of Chair Gary Gensler is expected to move forward with unfinished Dodd-Frank executive compensation rules, …
States Back Challenge to SEC’s Approval of Nasdaq Board Diversity Standards
A coalition of 17 states in a December 27, 2021, amicus filing backed a challenge to the SEC’s approval of …
SEC Commissioner Peirce Uses Rat Anecdote to Make Case for Longer Comment Period
SEC Commissioner Hester Peirce in a statement emphasized that the commission ought to allow ample time for the public to weigh in …