Displaying 64 results
Investor advocate comes off the sidelines, gets into the regulatory game
Even before drawing her first government paycheck, Barbara Roper has influenced how the SEC under Gary Gensler is approaching Regulation Best Interest.
SEC’s Gensler orders review of funds’ ESG disclosures
The agency is considering more stringent disclosure requirements for investment funds amid concerns that some fund managers are making unfounded ESG claims.
Barbara Roper to serve as senior adviser to SEC chair
Gary Gensler calls consumer advocate Roper 'a champion for investors'; she has worked for 35 years at the Consumer Federation of America.
GOP challenges SEC chief’s bid to regulate cryptocurrency
Rep. Patrick McHenry, R-N.C., argues that Gensler’s appeal to Congress for jurisdiction over cryptocurrency regulation is a 'power grab.'
Flood of Bitcoin ETF filings but cooling demand for funds
Digital asset investment products from Grayscale, Bitwise, 21Shares and others saw outflows for the fifth straight week, the longest such streak since January 2018.
Gensler seeks Warren’s help in crypto exchange crackdown
The SEC chairman tells Sen. Warren that lawmakers should give watchdogs clear powers to write rules for exchanges, including DeFi trading venues.
SEC’s Gensler takes to Twitter to push mandatory climate disclosures
The SEC leader used an analogy inspired by the 2020 Olympic Games to support increased public-company reporting. 'It's time for the Commission to take the baton,' he posted on Twitter.
Gensler comments open floodgates for Bitcoin fund filings
The SEC chairman's nod toward '40 Act crypto funds is the only opening the ETF space needed.
Congress should expand SEC oversight of crypto’s ‘Wild West’: Gensler
The Securities and Exchange Commission chairman called on lawmakers to expand the agency's investor protection mandate to include crypto trading and decentralized finance. Cryptocurrency assets are worth roughly $1.6 trillion.
Peirce’s concerns about ESG rulemaking could split SEC
The Republican SEC commissioner's doubts provide ammunition to those who want to push back against mandatory disclosures.
All’s quiet on the Reg BI front
The SEC has been intense about ESG and wait-and-see on Reg BI. But new Enforcement Director Gurbir Grewal supported New Jersey's fiduciary rule and may put teeth in the broker advice standard.
Banks’ robust capital mitigates risks, regulators tell Biden
At a meeting at the White House Monday, regulators including Fed Chairman Jerome Powell and SEC Chairman Gary Gensler reassured the president that the financial system is doing well.
SEC delays ruling on Bitcoin ETF
The agency is seeking more public comment on a proposal to list a Bitcoin exchange-traded fund on Cboe.
SEC names new leader for unit that reviews SPACS, climate rules
Law professor Renee Jones will run the agency's division of corporation finance, making her the first Black woman to lead one of the SEC's four major divisions.
SEC chairman proposes review of stock trading rules
Wall Street’s top regulator is calling for a broad-based review of the rules that underpin trading in the U.S. equities.
Mandatory ESG disclosures are a political inevitability
The SEC's flurry of activity has drawn concern not only from Capitol Hill Republicans but also the agency’s Republican commissioners, Elad Roisman and Hester Peirce.
SEC removes head of U.S. accounting regulator
Public Company Accounting Oversight Board Chairman William Duhnke will be replaced on an acting basis by board member Duane DesParte, but the SEC says it is looking for candidates to fill all five PCAOB board positions.
Updating regulation for today’s technology
The key issue, as Gensler put it, is how the SEC continues to ensure that markets work for everyday investors when new technologies change the face of finance.
New SEC chair faces challenges from other regulators
The responses of other federal agencies concerned about developments in securities markets may conflict with the SEC's core missions.
Gary Gensler uses political savvy for strong start at SEC
The SEC chair deftly handled four hours of questioning from lawmakers, including a query about Reg BI. He showed he’s a deft politician who will be able to guide policy in a direction he favors.
