White House, SEC Diverge on Reserve Fund Use
By Bill Flook The SEC is proposing to use its reserve fund in the coming fiscal year to make several …
SEC Commissioner Peirce Unveils Her ‘Safe Harbor’ Plans for Certain Digital Assets
By Soyoung Ho In a speech last week, SEC Commissioner Hester Peirce unveiled her own proposal that would create a three-year “safe …
SEC Proposes to Streamline MD&A, Financial Data
By Soyoung Ho The SEC on January 30, 2020, issued a proposal that is largely intended to streamline some of …
SEC, Sierra Club ‘Working in Good Faith’ to Resolve FOIA Lawsuit
By Bill Flook The SEC and Sierra Club indicated they are “working in good faith” to resolve the claims and …
Investor Advisory Committee Says SEC’s Planned Rules on Proxy Voting Advice Lack Merit, Recommends Redo of Proposals
By Soyoung Ho The SEC’s Investor Advisory Committee (IAC) on January 24, 2020, voted to recommend that the commission go …
Commissioner Jackson is Worried About SEC’s Inaction on Stock Buybacks
By Soyoung Ho SEC Commissioner Robert Jackson, who has been critical about the significant increases in corporate stock buybacks in …
SEC Plans to Propose Scaled Approach for Broker-Dealer Reporting and Audit Requirements by September
By Soyoung Ho The SEC is not waiting for Congress to scale back annual reporting and audit requirements for certain …
States, Investment Adviser Network Attacks SEC’s Interpretation of Dodd-Frank in Reg BI Rules
By Bill Flook The SEC exceeded its authority under the Dodd-Frank Act in issuing its “Best Interest” standard for broker-dealers, …
Investor Groups: SEC Should Write Prescriptive ‘Human Capital’ Disclosure Rule
By Soyoung Ho Investor groups, in comment letters, are continuing to ask the SEC to establish a rule that uses …
SEC Proposes to Expand Pool of ‘Accredited Investors’
By Soyoung Ho The SEC issued a proposal that would revise the definition of an “accredited investor” by adding new …