Biden to Name Gary Gensler as SEC Chairman
The appointment of the former CFTC chief "is expected to put an end to the four years of rule-easing" that Wall Street has enjoyed under Jay Clayton.
SEC Proposes Equity Pay for Tech Firm Gig Workers
A proposed rule change would allow internet platform workers to "participate at a measured level in the growth of the companies that their efforts support."
SEC Fines From Enforcement Hit Record $4.68B
The number of new enforcement actions fell 17% this year but the SEC opened more than 150 COVID-related inquiries and investigations.
Kaiser to Leave PCAOB; Chief Auditor to Replace Him
Megan Zietsman, chief auditor and director of professional standards of the PCAOB, will replace Jim Kaiser, who is retiring.
SEC Expands Investor Pool for Private Offerings
Under a new test, financially sophisticated investors will be able to participate in private placements even if they do not meet wealth thresholds.
Three Key Coronavirus-Related Strategic Risks to Consider
While it's too early to measure the impact the disease will have on companies, finance chiefs should be prepared to deal with these risk factors.
Whistleblower Tips to SEC Top 5,200 in FY 2019
“The whistleblower program continues to have a significant positive impact on the commission’s enforcement efforts and protection of investors and markets."
SEC Proposal Protects Executives, Hamstrings Investors
Proposed rule changes would pressure proxy advisory firms to take a more management-friendly stance in their reports and vote recommendations.
SEC Names White House Aide to PCAOB
Rebekah Goshorn Jurata replaces Kathleen Hamm, a cybersecurity expert who had been seeking a second term on the board.
Warren Slams SEC Oversight of Rating Firms
“There are strong indications that rating agencies are continuing to prop up risky financial products," the senator told SEC Chair Jay Clayton.
SEC OKs Rule to Extend ‘Test-the-Waters’ Tool
All companies will now be able to gauge the interest of institutional investors in a possible public offering before filing a registration statement.