Senate Set to Approve Gary Gensler Nomination for SEC Chairman, but Likely for Brief Term
The Senate on April 12, 2021, will consider approving the nomination of Gary Gensler for SEC chairman. This comes about …
Investors Urge Supreme Court Not to Roll Back Their Rights
As the U.S. Supreme Court is hearing oral arguments on a case that dates back to the 2008 financial crisis …
SEC Starts Rulemaking to Address Inability to Inspect Chinese Company Auditors
The SEC on March 24, 2021, took the first step in trying to solve the PCAOB’s inability to inspect auditors …
Repealing SEC Political Spending Rule Ban Faces Uphill Battle
Senate Democrats are pushing ahead with their sweeping election reform measure, S. 1., the For the People Act, which contains …
SEC Likely to Take Up Political Spending Disclosure Rulemaking
The SEC is signaling that it will put a heavy emphasis on investor protection aspects of the agency’s tripartite mission …
Rep. McHenry Urges SEC to Resist Regulatory Freeze
Rep. Patrick McHenry of North Carolina, the top Republican on the House Financial Services Committee, in a March 12, 2021, …
Moody’s Seeing Varied Practices Reporting Effects of Pandemic
Public companies are filing Form 10-Ks with 2020 results. And analysts with credit ratings agency Moody’s Investors Service said they …
Senate Banking Committee to Hold Hearing on Climate Risk
The Senate Banking Committee is slated to hold a March 18, 2021, hearing on the systemic financial risks posed by …
House to Vote on SEC Mandates on Executive Trading Plans, Senior Investor Protection, and Digital Assets
The House is slated to vote this week on bills requiring the SEC to study reforms to 10b5-1 trading plans, …
SEC Staff Asks for Comments on Ways to Enhance Rules on Investment Company Cross Trading
The SEC’s Division of Investment Management (IM) is asking the public for feedback about ways to enhance the regulatory regime …