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 …
SEC Approves PCAOB’s Revised Auditor Independence Rules
The SEC approved the PCAOB’s revised auditor independence rules intended to align with commission rules. These rules were backed by …
House Republican Looks to Cement SEC Offering Rules
By Bill Flook Rep. Ted Budd, a Republican from North Carolina, on January 13, 2021, reintroduced legislation that would write …