Sen. Toomey Calls for Public Input on Crypto Reforms
Sen. Pat Toomey, the ranking member of the Senate Banking Committee, on August 26, 2021, put out a call for …
Suit Against Bill Ackman SPAC May Have No Merit, but it Could Still Slow Down SPAC Frenzy
With a record-breaking number of SPAC deals happening over the past year and half, there is bound to be some …
Council of Institutional Investors Asks SEC to Add Non-GAAP Measure for CEO Pay to Rulemaking Agenda
After he became chair of the SEC in April, Gary Gensler put 49 rulemaking items to the commission’s near-term agenda, …
House Republicans Ask SEC, CFTC to Launch Digital Asset Group
The top Republicans on the House Committee on Financial Services and Committee on Agriculture in a August 16, 2021, letter …
Who Should Provide ESG Assurance?
Compounding an already complicated question related to a potential requirement for standardized environmental, social, and governance (ESG) reporting is who …
After Years of Congressional Block, SEC Political Spending Rules Finally in Sight
The House in early August passed an appropriations package that would jettison a persistent Republican rider, one that for years …
SASB Founder Criticizes SEC Commissioner Allison Lee’s View on Materiality
The founder of Sustainability Accounting Standards Board (SASB) during an event last week criticized SEC Commissioner Allison Herren Lee’s stance on materiality. …
SEC Chair Gensler Asks Congress for Power to Regulate Crypto Trading, Decentralized Finance
SEC Chair Gary Gensler, in an August 5, 2021, letter responding to Sen. Elizabeth Warren, urged lawmakers to grant the …
Swift Change in SEC Enforcement Under Biden Administration
“Change came swiftly” at the SEC during the first six months under the Biden administration; yet this is only just …
SEC Budget Clears House
The House on July 29, 2021, voted 219 to 208 to pass a minibus package of seven appropriations bills that …