SEC Increases Focus on Climate Change Disclosures, Plans to Update Guidance
Public companies better step up in providing useful disclosures related to climate change. This is because the SEC’s Division of …
Rep. Sherman Calls for ‘Numerical’ ESG Standards
Rep. Brad Sherman, chair of the House Financial Services Committee’s influential Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, on …
SEC Separates Waivers From Enforcement Settlement Offers
In a policy shift, SEC Acting Chair Allison Herren Lee said the enforcement division will no longer recommend to the …
Senate Democrats Call for Tougher 10b5-1 Trading Plan Restrictions
Three Senate Democrats are calling on the SEC to tighten requirements to the Rule 10b5-1 safe harbor to prevent executives from reaping …
Out with Trump’s SEC, In with Biden’s SEC
Just as President Joseph Biden has already reversed many of former President Donald Trump’s executive actions, will SEC chair nominee …
SEC Approval of PCAOB’s Auditor Independence Rule Reflects High-Speed Rulemaking Under Clayton
When the SEC a couple of weeks ago approved the PCAOB’s streamlined auditor independence rules that were criticized by investor …
Senate Banking Committee Sees Five New Members as Sen. Brown Takes Gavel
The Senate Banking Committee has added five new members – two Democrats and three Republicans – as Sen. Sherrod Brown, …
SEC Signals ESG Initiatives with Two Picks for Senior Positions
In a signal that the SEC—at least for the time being—is intent to be very friendly to investor advocates, Acting …
SEC Asks Court to Toss out Industry Lawsuit Against Expired Muni Adviser Relief
A securities industry group cannot sue the SEC over its now-expired order granting regulatory relief to municipal advisers, the commission …
Will SEC Freeze Midnight Rules?
While experts had different views about whether last week’s White House memo about regulatory freeze officially applies to an independent …