SEC Chairman Clayton to Testify Before Banking Panel
By Bill Flook SEC Chairman Jay Clayton is slated to testify on December 10, 2019, before the Senate Banking Committee, …
SEC Plans to Finalize by April 2020 rule that Would Exempt more Companies from Auditor Attestation of Financial Controls
By Soyoung Ho The SEC is full steam ahead on its controversial plans to exempt more categories of companies from …
Supreme Court Disgorgement Case Looms Over SEC Enforcement
By Bill Flook Two years ago, the Supreme Court told the SEC that its practice of recouping ill-gotten gains on …
Divided SEC Proposes to make it more Difficult for Shareholders to Bring Proposals for Vote at Company Annual Meetings
By Soyoung Ho Despite strong opposition from investor groups, a divided SEC on November 5, 2019, decided to propose a …
Supreme Court Agrees to Review SEC Disgorgement Case
By Bill Flook The Supreme Court on November 1, 2019, agreed to hear a case challenging the SEC’s authority to …
SEC to Vote on Proposing Changes to Shareholder Proposal Process on November 5
By Soyoung Ho Despite investor opposition, the SEC has scheduled a public meeting for November 5, 2019, to consider proposing …
Senate to Vote on SEC Funding ‘In The Coming Weeks,’ Senator says
By Bill Flook The Senate will vote on a bill funding the SEC and other financial regulators for fiscal 2020 …
Chairman Clayton says SEC will Continue to Carefully Monitor Companies’ Cybersecurity Disclosures
By Soyoung Ho Cybersecurity issues remain a priority for the commission, said SEC Chairman Jay Clayton on October 23, 2019, …
SEC Proposes to Speed up Staff Review of Fund Offerings
By Soyoung Ho The SEC issued a proposal that would set up an expedited review process so funds, such as …
SEC Poised to Finalized Changes to Whistleblower Program
By Soyoung Ho The SEC is poised to finalize changes to its guidelines on whistleblower complaints—changes that consumer advocates are …