Displaying 3266 results
Gensler taps Alex Oh as SEC enforcement chief
She is another in a line of recent SEC enforcement directors who comes to the agency with experience as a federal prosecutor.
House panel approves ESG, diversity bills without GOP support
Rep. Patrick McHenry, R-N.C., accuses Democrats of trying to 'cater to the far left.' Democrats say ESG, diversity data is crucial.
Investor advocate urges Gensler to beef up Reg BI
Republican lawmakers in the House tell the new SEC chairman to avoid ‘mission creep’ in the agency's oversight of environmental, social and governance disclosures.
Climate-risk disclosure bill faces tough legislative path
The measure, written by Democratic lawmakers, will have a hard time finding Republican votes. But it does send a signal of support to the SEC for tougher ESG oversight.
Bills to end mandatory arbitration introduced in House, Senate
The Securities Industry and Financial Markets Association opposes the bill, saying arbitration 'promotes fair, efficient, and economical dispute resolution for all parties.'
Robinhood sues to overturn Massachusetts fiduciary rule
Meanwhile, Massachusetts amended its December complaint against the online brokerage seeking to revoke its registration in the state.
Republican opposition to Gensler not likely to slow the new SEC chairman
His slim Senate confirmation margin reflects GOP concerns about the aggressive approach Gensler has signaled on issues like expanding corporate disclosures related to environmental, social and governance factors.
Bitcoin ETF line gets longer; eight issuers file with SEC
ETF issuers are betting en masse that U.S. regulators will green-light a fund tracking the largest cryptocurrency.
SEC will not assess merit of ESG investments: Peirce
The agency’s role is not to determine whether any particular strategy is a good one, but to ensure investors know what they are getting, according to Securities and Exchange Commission member Hester Peirce.
SEC warns advisers about shortcomings in ESG compliance
The risk alert is the latest step the SEC has taken to emphasize ESG oversight. In recent weeks, it has formed an enforcement task force and released a request for public comment on ESG and climate-risk disclosures.
SEC to Wall Street: SPACs aren’t a way around securities laws
Claims that promoters face less legal liability than a traditional public offering are “uncertain at best,” a top SEC official said in a statement.
Archegos implosion could lead to family-office regulation
Assessing the murky family-office world presents challenges, such as sorting out the different types. The SEC had targeted family office oversight for review this year even before the Archegos blowup.
Grayscale ‘committed’ to making biggest crypto fund an ETF
The company says it will convert its $39 billion Grayscale Bitcoin Trust into an exchange-traded fund as soon as U.S. regulators allow.
Regulatory ambiguity helps keep the industry in compliance
The SEC and other regulators want to keep firms and advisers on their toes — and toeing the line.
Latest levered ETFs offer triple market performance — with a catch
The flipside of the new Innovator Capital Management products is the performance is capped and they can be more expensive than some of the cheaper indexed options.
State attorney general threatens to sue SEC over ESG disclosures
State and federal GOP officials continue to push back against what they call regulatory overreach. The SEC says it is trying to meet investor demand for ESG information.
Supreme Court case could determine weight to give best-interest statements
Are Goldman Sachs' assertions that its 'clients' interests always come first' generic and aspirational or could they be the basis for a class-action suit?
SEC webpage tracks agency’s ESG activity
The site is part of the agencywide response to what the SEC says is soaring demand from investors for information about climate and ESG issues.
Hester Peirce pushes for personal liberty as an SEC voice of dissent
During her first three years on the commission, Peirce was part of a Republican majority. With the likely confirmation of Gary Gensler as SEC chair, Democrats will have the edge.
SEC’s emphasis on ESG creates friction between members
Republican Hester Peirce says ESG disclosure mandates undermine materiality and harm investors. Democrat Caroline Crenshaw says 'consistent, comparable' ESG disclosure helps investors.
